MIDDAY RUSH

So just when you thought it was straight up for equities a little problem with crude developes. The DJIA +38, NAZ -14 and SPX +4.

Strong sectors- oils, steels, ags, utils and banks while real estate, homies, gamins and retail lags.

NYSE- flat internals;

NAZ- 300 net losers;

NDX- 20 GREEN;

OEX- 60 GREEN;

VIX- flat at 22;

Up volume a hair better than down;

Financilas started very strong but have since come in with the price of oil moving higher - however, keep in mind its mark up day July 30 so the bulls may try to grab the reigns before the day is over- the oils are ripping higher after terrible performance over the past few weeks and surprisingly techs are struggling with only AAPL RIMM of the big guys in the green.