ENERGY BOOST

Markets opened lower on the heels of the lousy claims numbers but are now fighting back as it looks like the bulls want to buy the dips again.

Strong sectors- just like old times- metals, energy, semis, drugs and bio while real estate, financials and trannies lag.

NYSE- 440 net losers;

NAZ- 400 net losers;

NDX- 30 GREEN;

OEX 45 GREEN;

VIX - flat at 56;

GOLD near 830;

Crude- UP 3 at 46.5;

SPX support now at 885 as it has bounced off that level a few times in the past few days- draw the line- resistance appears to be at the 910 level which is also near the 50 SMA.

Bought DIG and NOV this morning- holding on to SSO and looking to add at lower prices.