Markets have flipped back to green after filling all kinds of gaps - and the TICKS - very high TICKS in the last few moments which I see some very good traders are fading- my theory - buy the pullbacks today instead of fading the high ticks.
Strong sectors- materials, metals, energy, retail and trannies while telecom, ags, banks, biotech and brokers lag.
NYSE-800 net winners;
NAZ- 200 net green;
SPX 310 green;
NDX - 65 green;
VIX- down 2% at 25.7;
NYSE Volume - up about 2x the down;
Crude and gold up a bit.
Markets have gone straight up the last hour and I am looking for pull backs - SSO QLD- not much more to type- just seems like a buy the dip day to this fish.