THE HELPERS

Markets are lower this morning on the heels of weak economic news and weaker markets overseas. The DJIA -250, NAZ 36 and SPX 32.

Strong sectors include semis, biotechs and drugs while emerging markets, oils, homies and shipping lag.

NYSE- 2240 net losers;

NAZ- 1200 net losers;

NDX- 12 GREEN;

OEX- 5 GREEN;

VIX- higher by 6% at/near 59;

The NAZ/NDX is the strong area today and if you want a market neutral trade a long QLD/ TWM may be a pretty good as the RUT really lags and seems to have nothing.

Talking head on CNBC finally talking about recession fears as the markets are about 40% off their highs. Thank you.

Some excellent links at Bespoke and Barry while the really big news comes from London.