THE OPEN

Markets open higher on the heels of some nice earnings reports and of course folks who like to buy dips.The DJIA is +85 and over the 14k mark again, NAZ +19 and SPX +7.5.

Strong sectors include tech, gaming, silvers, oil service, banks, defense, airlines, and reits while internets, drugs and biotechs lag again.

Winning stocks include IBM AAPL RIMM TXT HPQ EMC BDK JNPR CTXS SBUX ? BEAS INFY GRMN SYNL TBSI SPAN FTK AVT SRYS FSTR and HDNG.

Losers- NVEC WNR ESI FCSX MICC BAX ALL NSC LEH DD CTAS EBAY ESRX XRAY SEPR MRK and PFE.

Market internals are green with the NYSE at +1,200 and the NAZ at +875.

The NDX/OEX duo both have more than 70 winners out of 100.

Volatility indexes down about 4% and back to the low 15 level.

Twenty of the thirty DJIA components are green led by IBM HPQ and MO; the bull market apparently is back and it may be a good day to buy dips in the YM day if you want to day trade futures.