morning check

Markets are trading mixed with the SPX slightly higher while the DJIA is a hair lower on the heels of yesterday's big rip.

Strong sectors include homies, financials, utils, insurance and defense while metals, oil service, ags and emerging markets are lower.

Key stocks- about even between winners and lowers- up - MS UA MYNN C BAC LVS KO AMZN TIF BG- down- VMW POT ICE NVDA NYX GS CAT SMH BIDU CME INTC;

NYSE- 470 net winners;

NAZ- 200 net winners;

NDX- 56 WINNERS;

OEX- 50 WINNERS;

VIX- up 2.5% at 26.42;

TRIN- 1.37;

Up volume about even with Down volume;

Gold and Oil wacked pretty pretty hard;

Markets look to be acting pretty pretty well in lieu of yesterday's rip higher- the word is consolidation IMVHO- So as long as we stay above the key levels on SPX - long I shall stay.