MORNING MARKETS

Markets are higher this AM but a bit misleading as upgrades to the financial sector are dragging that group up while the tech heavy NQ is lagging a bit and well off their best levels.

Strongest sectors - fins, real estate, energy, homies, materials and brokers while metals, drugs, internets and biotech lags.

NYSE- 1800 net green;

NAZ- 1200 net green;

SPX 75% GREEN;

NDX- 68% GREEN;

RUT 2K - 1540 GREEN;

VIX - down 4.5% at 31.65;

Not expecting much more of a move higher from these levels and buying pullback may work for a quick flip. SSO/DDM /DIG/IYF/XLF look good for that while QQQQ/QLD continue to trade way below the initial highs.