NOON LOOK

Markets are trading choppy with the RUT/MID's lagging while the utilities, oils and metals lead.

Other leading sectors include brokers, drugs, biotech and large cap value while real estate, gaming, retail, airlines, defense and small cap value lag.

Green stocks include FCSX SPSS BCSI IDSA SYNL FTK EDU DWSN SLB LEH EXC ETR SLE BUD INFY GRMN MICC CELG PCAR and RIMM.

Red stocks- UAUA AMZN WYNN VRTX SHLD ATI WY SRSL X TBSI STLD DSX BW ATHR RS and ABER.

Market internals have improved with the OEX/NDX about 3/2 green to red. The NYSE/NAZ both flattish with a pinkish tint.

I will continue to watch the utilities and the 10 year Bond for clues as the utes are leading while the Bonds are hanging tough under 5.15%.

Volatility indexes down about 1%.

Revshark at realmoney.com dissing Cramer while Cramer disses the WSJ complaining they are bearish. Hmmmm.

Speaking of bearish, check out Cramer's recent ratings trends at Mad Money as folks may finally be learning.

BTW, AAPL AMZN GOOG red while RIMM is green on the horse watch.