THE OPEN

Markets open higher with strength in the financials, semis, retail and homies while energy, metals and ags lag.

The DJIA +46, NAZ +22 and SPX +10.

NYSE- 1150 net winners;

NAZ -780 net winners;

NDX- 85 GREEN;

OEX- 80 GREEN;

IBD- 45 GREEN;

VIX down 3% at 21.7;

Up volume 3X down volume;

First area of resistance on the SPX seems near the 1325 level but no clue how the markets will react to the fed after 2:15- strong action in the financials probably makes it a buy the dip day although big near term resistance on GS at/near the 189 level - so you know.