ON THE LEVEL

Markets open higher on the heels of good numbers out of AAPL UP etc with the NDX leading the way higher by 1%. The DJIA is +63, NAZ +19 and SPX +7.

Strongest sectors include China, Australia, emerging markets, oil service, metals, trannies, internets, airlines and real estate while semis, retail, banks and small cap value lag.

Key stocks 30/10 green to red with AAPL BIDU UA ISRG AMZN GRMN GOOG MTW LVS and BAM leading while TIF SMH KLAC MER COST DECK NVDA INTC BAC are lagging;

NYSE internals +1,100;

NAZ internals +450

NDX internals 45 GREEN;

OEX internals 65 GREEN;

Gainers- AAPL UA BIDU ISRG AMZN CNH TBSI HDB GSOL OII BNI SLB F T GM BHI GM MICC APOL TLAB GRMN NTAP;

Losers- LVLT BEAS ROST SPLS EXPE LRCX IACI TXN NSM WMT MER XRX BDK ALL MMM TGT CSCO CRNT VIVO EXLS GES FLIR;

VIX down 5% and trading about 6% above the 10 day SMA;

Surprised to see the NDX up 27 while there are more losers than winners and SOX/SMH in the red but I guess its the power of AAPL/GOOG/AMZN/ RIMM/GRMN. And nice to see the metals/energy patch leading the way higher again after selling off the last few days.

Finally, that guy's spec stock of the year, LVLT down 16.5% this morning and now down 36% on the year. How come we only hear about the picks that do well and the ones that are awful get forgotten? And any question he top ticked that one?