THE CLOSE

Markets closed the day at/near the highs led by small caps, value stocks and homies. The DJIA +185 NAZ +35 and SPX +19. The RUT was the biggest winner of the major indexes higher by 2.1%.

Strongest sectors included homies, brokers, small caps, banks, gaming, metals, airlines and defense while consumers and biotechs lagged.

NYSE internals +1700

NAZ internals +1250

IBD 100-86 WINNERS;

OEX -90 WINNERS;

NDX -80 WINNERS;

Key green stocks- AAPL AMZN BAC BAM BG C CELG CME COST GE GOOG GS IBB ICE ISRG JPM LVS MA MGM MO MS MER NYX POT UA WFC XOM; RED- BIDU CROX RIMM DNA AMGN;

BIGGEST WINNERS- LRCX WYNN INFY NVDA EXPE ERTS GENZ AMAT KLAC FLEX MER CSC AES LEH COF EK GS WFC MCD ATI LWAY GLNG EXM CYNO DSX MTB FLIR ARGN MTW TRAK;

285 New Highs on the NYSE and 29 New Lows;

Up volume about 4x Down Volume;

Maria with a great interview with some " shrewd strategist" who suggests that financials are starting to look attractive. Hmmmm, the IAI etf of brokers/exchanges hit its low on August 16, at $43.88 and now trades at $53+. How bout some CNBC with some nerve to challenge some of these analysts on dumb comments. And it was only a few days ago that Donnie Trump told Erin that oil should trade $40/$50 saying the only reason crude is $80 is because the producers keep the price high. Huh? And Don, why do almost all your publicly traded companies eventually go bankrupt?

Anyhow, turnaround Tuesday tomorrow would not surprise me as we are way over bought and some of the better traders may decide to take some inventory off the sheets.