OPENING LOOK
After opening higher the markets are now trading near the flat line as financials are starting to sell down. The DJIA +5, NAZ +1 and SPX -2.
Strongest sectors- retail, drugs, banks, brokers, telecom and reits while oil sevice, gaming, metals, trannies and ags are lagging.
Key stocks- generally mixed with RIMM BIDU DECK MCD MSFT AMZN higher and VL LVS MGM NVDA POT KLAC lower.
NYSE- 230 net winners;
NAZ- 275 net winners;
NDX- 48 GREEN;
OEX- 50 GREEN;
IBD- 35 GREEN'
VIX- Flat;
TRIN- 1.19;
Up and down volume almost equal;
Markets not showing much this morning but I am buying some DIG here as its way down as oil is down whole 90 cents. Also trying to daytrade some IBM XLF and AMZN- as I think buyers will show up before the day is over.
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