THE CHOP

Markets open higher with the SPX near the middle of the recent range at 875.

Strong sectors include real estate, defense, semis, ags, drugs and small caps while metals, gaming, oils and homies lag.

NYSE- 860 net winners;

NAZ- 525 net winners;

NDX- 65 GREEN;

OEX- 75 GREEN;

VIX- flat at 44;

TRIN- 1.12;

Up volume 1.5x the down;

Markets look like they are set for another choppy day although the internals may be saying something a bit different- higher- financials also starting to get a little jig with GS UYG JPM BKX all in the green- so maybe a shot on the long side before too long.