THE OPEN

Markets open higher and are now giving a second effort after the open was sold fairly quickly. The DJIA +100, NAZ +24 and SPX +8.

Leading sectors- metals, semis, ags, tech, oils, trannies and large cap value- lower are the usual suspects- gaming, real estate, retail, banks and homies. And another rough day for Eddie Lampert and the folks at ESL.

NYSE- 770 net winners;

NAZ- 680 net winners;

NDX-70 WINNERS

OEX-70 WINNERS;

IBD 100-85 WINNERS;

WINNERS- FCSX POT STP DWSN MOS SNDK TLAB MRVL NVDA MCHP CTSH IBM EMC HPQ DELL INTC ROK;

LOSERS- MRK WB COF RF WFC CSC ABT BAX SHLD ESRX GRMN SIRI PAYX GILD WYNN TIF LVS MA MCD CME MO ICE C;

VIX -FLAT;

Growth whipping value again today with banks, retail, drugs and banks generally getting smoked despite the +100 number on the DJIA. Metals, oils and big cap tech the place to be again.

Technically, resistance seems to be at 1,420 on the SPX with support at the recent lows- 1390/1400.