THE OPEN

Markets are higher after an initial dip after the initial gap higher with the DJIA +60, NAZ +20 and SPX +8 as I type. RUT a hair better.

Sectors- winners- metals, ags, airlines, oils, trannies,retail and semis while losers include honmies, real estate, staples and insurance.

Key stocks- 25 out of 40 higher -leaders- UA GRMN CELG VMW BG LVS TIF DECK AAPL CAT- losers- CME ICE BIDU AMZN MA GOOG ISRG MTW MER C PG XOM;

NYSE- 760 net winners;

NAZ- 540 net winners;

NDX-75 GREEN;

OEX-75 GREEN;

IBD 100- 70 GREEN;

VIX- FLAT;

TRIN- .95

Up vol about 2X Down vol;

Internals are looking pretty good on the big indexes so this market may climb its way higher before the day is over and buying dips for a day trade may be profitable (quick). Also quite a few high tick readings indicating buyers are around.

And look who is declaring victory in last nights Democratic national primary.