OPENING LULL

Markets open slightly higher with the big caps outperforming the smaller brethren as I type. The DJIA +41, NAZ +9 and SPX +6.5.

Strong sectors- financials, brokers, banks, insurance, real estate, airlines and internets while trannies, retail, metals and biotechs are lagging.

Key stocks- about 3/4 of the shares are higher led by MS UA GRMN ICE MA ISRG BAC C NYX DECK- losers- TIF WYNN CELG POT MCD MGM XOM.

NYSE- 270 net winners;

NAZ - 120 net winners;

NDX -55 WINNERS;

OEX-60 WINNERS;

IBD 100- 70 WINNERS;

VIX - lower by 3.5% in front of the holiday week;

10 year Bond- 4.15%;

Technically, DJIA heading up to resistance at its 200 SMA at 13,315 while the SPX looks bullish over 1,450 with resistance at 1,465/1,475.

Minor gains on big cap tech with Semis lagging;

Oil inventory due at 10:30 and the sector is trading slightly higher in front of the news-