ANYWHERE AND EVERYWHERE

Markets trade all over the board and changing as I type so not much point in identifying the current pricing on the major indexes. However, the small /mids are acting far worse than the big caps as the RUT is already down 1.5%.





Strongest sectors are drugs, software, biotech, defense, semis and tech while homies, airlines, oil service, metals and integrated oils lag.





Winning stocks include LVS WYNN WMS AIG IBM JNJ PG WMT AIB MTB WFC AMZN MSFT GOOG TXN AMGN CELG COST CVS.





Losers include AXP CVX MGM DNA BAC BX C JPM MA BSC GS LEH LM MS ICE NDAQ NYX NMX TIF CROX.


Market internals are ugly as usual with 1,500 net losers on the NYSE and 1,400 net losers on the NAZ.

Volatility indexes up 5 to 8% as fear continues to increase as the markets go lower.

Honestly, no clue how this market will trade for the rest of the day or week as the recent winners such energy and metals continue to get crushed along with the financials. The trend has obviously turned down we are however way oversold- so take that.