OPENING RANGE

Markets are trading mixed with the DJIA higher, NAZ lower and the SPX about FLAT. The RUT and Small Cap Value are the best performing major indexes up .35% and .6% respectively.

Strongest sectors include airlines, banks, financials, retail, trannies, insurance, defense and gaming while metals, oils, China, brokers and emerging markets are lagging.

Key stocks- 50/50 with C MER TIF GS VMW UA BAC JPM MS all green while POT RIMM ISRG XOM BIDU BAM NVDA MTW red;

NYSE/NAZ internals FLAT;

NDX -60 WINNERS;

OEX-55 WINNERS;

IBD 100-25 WINNERS;

IBD 20- 5 Up 15 Down;

WINNERS-ROST UAUA WFMI INTU GENZ ALTR SBUX CSCO MXIM C MER WFC LTD LEH CCU USB WB USP RF SNHY SXE ININ SSRX OTEX BHPX FSTR DLB SNDA MR TDG MORN;

LOSERS-YGE NOV MDR TELOZ STP CAM MTL FCX FTI POT CLB DISH JNPR RIMM ISRG APOL CTXS BIIB SNDK ADBE DISCA NXY SLB ATI HAL BHI CVX COP WMB EP DELL;

The markets have turned upside down as metals, oils and emerging markets are the leaders on the downside while the banks, airlines and retail are the winners.

No real clue how the day will turn out as the initial move lower was bought and the rip higher has now been sold. So just watching for now and fingers are off both the buy and sell keys.