PAINT DRYING END

Not much to say about today's trading session except it was extremely boring. The NAZ/NDX/TECH was strong while everything else was ho hum.

Strongest sectors- airlines, internets, defense, trannies, tech, gaming, semis and large cap growth- laggards- retail, real estate, homies, reits, oils, brokers and metals.

NYSE internals- 550 net losers- NAZ internals 300 net losers;

OEX 50 WINNERS;

NDX 70 WINNERS;

IBD 100- 55 WINNERS;

WINNERS- MHJ NVT JRJC EDU EXM CRNT TDG AFSI CTRP AFSI SNDA GD CSC HIG CPB NSC BA DISH EXPE GRMN CTSH ADSK YHOO AAPL CHKP MICC ADBE;

LOSERS- LOW BBBY SPLS SHLD CELG PCAR MXIM PETM LAMR LVLT NTAP TGT CVX HD MER RF CAT WMT COP WNR FTK ARD AIRM PRFT GMCR STP VIP ATW LWAY;

VIX down 4% and trading 15% below the 10 day SMA- usually not a great time to buy;

QQQQ over 51 and a bit extended with a 2 day RSI of 97- a confluence of sell signals with this and the VIX;

Also check the HHH which was a dog for the longest time- now up 24% for the year;