MARKETS HIGHER

Markets are ripping higher led by big caps and large cap value while the NDX/NAZ lags a bit. Techs lagging as AAPL RIMM YHOO HHH all flat or lower.

Strongest sectors- emerging markets, EFA, real estate, insurance, banks, gaming and telecom while homies, metals, internets and biotech lags.

Key stocks- 35/40 GREEN- ICE POT BIDU NVDA C MA WYNN DECK CME LVS losers- GS RIMM APPL MO.

NYSE- 1,560 net winners;

NAZ- 1,050 net winners;

NDX -75 WINNERS;

OEX-90 WINNERS;

IBD 100- 74 WINNERS;

IBD 20- 18/20 GREEN;

VIX - down 7.5% and 5% below the 10 SMA;

TRIN- .5 pretty low;

10 year Bond- screaming up to 3.7%;

Up volume 6X Down volume;

RSI (2) levels hitting over bought as most major indexes now trade at /near the 85 level.

Technically, SPX looks to be no mans land with 1,340 area now support and 1,390 area resistance.

And what is the deal with GS - why so doggy of late?