THE MIX

Markets have opened mixed with the banks and fins leading higher and techs/NAZ heading lower. SPX +6 and NAZ -6.

Strongest sectors- financials, banks, utils, shipping and retail while real estate, semis, ags, metals and tech lag.

NYSE- 1200 net winners;

NAZ- 560 net winners;

NDX - 35 GREEN;

OEX- 75 GREEN;

DJIA 21 GREEN;

VIX- flattish at 43;

TRIN- .63 with Up volume 4x the down;

Gold- down $9.5 at $921;

Crude down about $2 at $44.4;

WINNERS- C BAC NSC AVP WY USB WFC AMLN WFMI PETM JOYG CHRW AMGN;

LOSERS- SNDK FAST BIDU LAMR APOL MRVL ORCL DELL S GILD QCOM OXY INTC TXN SGP;

Weird market as the NDX is very weak while the DJIA/SPX hangs in with gains near 1%- I guess it can be a called a stalemate for now-

The Markets are very over bought in the short term with RSI (2) levels well over 95- guessing the gap gets closed and the shorts may win a bit today.