THE OPEN

Markets open higher led by the small/mid cap sectors.

Strongest sectors include real estate, metals, gaming, airlines, trannies, defense, homies and tech. Leading lower are oils and drugs.

Key stocks higher led by CME GS BSC SLG CLI FCE.A KSS PVH GOOG TXN CTSH and MGM.

Market internals are very strong with more than 1,700 net green on the NYSE and about 1,000 net green on the NAZ.

The OEX is about 4/1 green to red while the NDX is about 3/1 green to red.

New 20 day highs include ORCL GOOG COST FISV and MEDI.

Low 2 day RSI readings include MCD and WB.

The 10 year rate is crawling higher yet again and now reads 4.876%.

Volatility indexes a bit higher.

Probably another buy the dip day as the internals are extremely strong.