5.19.2008

OPENING UP AGAIN


Markets are trading higher with the DJIA +55, NAZ +12.5 and SPX +7.5.


Leading sectors include trannies, internets, semis, banks and tech while gaming and biotech are in the red.


Key stocks-30/40 green led by AMZN UA BIDU NVDA ICE and V while LVS MSFT CELG AAPL MGM and MON are red.


NYSE- 575 net green;

NAZ- 215 net green;

NDX- 60 GREEN;

OEX-75 GREEN;

IBD- 75 GREEN;


VIX- higher by 1% at 16.67;


Up volume 2.5 x Down volume;


Markets seem to not want to let dippers in as we are moving on up from very over bought levels as most major indexes now above all the major moving average lines.

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