MORNING SHOUT

Markets are trading lower on the heels of higher crude etal. The DJIA -21, NAZ -16 and SPX -2.5.

Strongest sectors include metals, oils, steel, ags, utils and telecom while banks, retail, internets and gaming lag.

Key stocks -14/40 higher led by CELG BG XOM ISRG and CME while TIF ICE MGM KLAC PM are all lower.

NYSE- 350 net losers;

NAZ- 650 net losers;

NDX- 25 GREEN;

OEX-35 GREEN;

IBD-65 GREEN;

VIX- higher by almost 5% to a hair over 17;

Down volume about 1.5X the up;

TRIN- 1.14;

A little busy this AM with some short term trading as I have picked up the pace of late. Probably a range bound day for the general markets with oil staying at/near $127- those in that sector should do pretty well. Also note GOLD over $900.