AFTERNOON TRADE

Markets are bouncing around and trying to call the close or the trend for the next few hours probably not a great idea.

Market internals started the day very firm but have since weakened.

The RUT leading for now - but very volatile.

Banks and Financials trading way higher after the big selloff yesterday- just wondering how many are chomping at the bit waiting to short this squeeze higher.

VIX still down about 10% and our friend The Quant with some stats.

Oil still moving on up and DIG looking good on the long side.

Sector strength found in banks, oils, brokers, shipping, biotech and real estate while homies, semis, utils and bonds lag.

Obama making some news with new rules on lobbying, FOI and a wage freeze for those in the White House earning in excess of $100k-