Markets have traded predominantly red this morning with some fits and starts higher and lower. As I type - SPX -8, NAZ -29 and the DJIA 34.
Strongest sectors include - drugs, biotech, metals and consumers- lagging are tech, internets, semis, homies, banks, real estate and oil service.
NYSE- 800 net losers;
NAZ- 700 net losers;
NDX 25 GREEN;
SPX 140 GREEN;
VIX flattish at 23.65;
TRIN - 1.15 with up volume half the down;
RSI 2 levels way down this morning with the SPX at 60 and the NAZ 50;
Looking for churn this afternoon and will be back at it on Monday as I doubt we go far in either direction the rest of the day.