MIDDAY MARKETS
Markets are mixed as the DJIA is +33, NAZ -6 and the SPX +.4 - note the strength in the RUT as it is +1.25%;
Strong sectors- brokers, exchanges, trannies, banks, biotech and gaming while semis, energy, metals, steel and tech lag.
NYSE- 525 net winners;
NAZ- 600 net winners;
NDX- 55 GREEN;
OEX- 65 GREEN;
VIX- lower by 2.5% at 22.5;
Up volume 1.5X down;
CRUDE/NATTY GAS continues to get hammered as demand destruction and a hurricane miss rule the day;
Equities looking strong as crude gets crushed despite the fact Boone is long and expecting much higher prices- my guess -not today's business- and Dennis Kneale yapping about what a great long term business tech is- I guess he hasn't checked the tech charts over the last 10 years.
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