MORNING LOOKS

Markets are trading mixed with the NAZ higher and the DJIA/SPX lower.

Strongest sectors include semis, retail, brokers, small cap and tech while oils, metals, drugs and utils are lower.

NYSE/NAZ flattish internals;

NDX- 60 GREEN;

OEX-40 GREEN;

IBD- 45 GREEN;

VIX- 18.63 and higher by 2.3% but still over sold;

Up and Down volume about equal;

TRIN- 1.16 as the volume flows to the losers;

Crude- back higher after the big build at $122;

Gold down at 870;

Markets a bit over bought here and a pull back should not surprise anyone- OIH/DIG may be a buy on this pull back- I will probably buy the dip.