MIDDAY FLAT

Markets have flipped to flat as I type with the financials/brokers continuing to be a big strain on the markets.

Strongest sectors- biotech, MOO, defense, energy, semis, homies and retail while financials, airlines, banks, brokers, metals and emerging markets lag.

Market internals also near the flat line;

VIX- flat;

TRIN- 1.12;

WINNERS- NGS SWN KWK WDC MOS VIVO AA AVP HAL F DELL HD VRTX MRVL CELG JNPR NTAP AMLN FWLT HES ZMH GENZ DVN;

LOSERS- MA ABX WFR NUE ERTS LVLT BIDU UAUA GOOG DISH HRBN ARGN SID AZZ PCLN MTL DRYS SDA C RF GS COF;

Not much mention of GOOG anywhere of late, but that dog has really been ugly and now with a 4 handle. BIDU and AAPL also ugly.

SPX 1,360 rejected again but there is still 3 hours to go in the trading day. It will be nice if it gets put in the rear view mirror.