THE OPEN

It appears as if the markets are off to the races as the pullback on the jobs number was quickly bought and the DJIA is now +100, NAZ +27 and SPX +16. The RUT/MID indexes way up over 2% as I type.

Strong sectors include- internets, semis, emerging markets, oils, small caps, tech, airlines and utils- lagging are drugs, healthcare and retail.

Key stocks- 33/40 higher- ISRG UA BG SMH NVDA CELG MA WYNN C MTW KLAC- losers- GOOG MSFT AMZN BIDU MS VMW MCD CME;

NYSE- 1,700 net winners;

NAZ- 1,200 net winners;

NDX- 88 GREEN;

OEX-90 GREEN;

IBD 100- 88 GREEN;

VIX- down about 5% and at the 10% below the 10 SMA;

Up vol- 6X Down vol;

TRIN- .71

Technically, well the 1,400 level on the SPX is the next target and with internals and sectors all solidly green - today may be the day.