NOON LOOK
Markets has the feel that it wants to go higher - all the dips getting bought - so lets see how this ends up today.
SPX -3 NAZ -16.5 and the RUT the worst of the bunch at a red 1.7%.
Sectors - strength - shipping, gaming, fins, homies and retails- weakness- metals, ags, internets and small caps.
NYSE- 620 net losers;
NAZ- 780 net losers;
NDX- 30 GREEN;
OEX- 45 GREEN;
VIX- down 3.5% at 41.75;
TRIN- 1.16- Down volume about 2x the up;
Looks like Lance will be back;
BIG on the worst is first;
An Embarrassment;
Trend days v Range days;
Looking to get long with an intermediate stop now at/near the 800 level- the dippers look like they want in or more and the fins act well let by GS and MS- for the mean time its a baby bull market.
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