MORNING STRENGTH

Markets are trading mixed after a lower open led by the NAZ which is up 8 while the SPX is down 1.

Strong sectors- semis, internets, tech, biotech and small caps while homies, real estate, energy, banks and fins lag.

NYSE- 500 net losers;

NAZ- 100 net winners;

SPX 210 GREEN;

NDX- 65 GREEN;

VIX flat at 29.75;

TRIN -1.53 with up volume about half the down;

The dollar higher and commodities generally lower- although well off the worst levels.

Lots of stocktwits folks leaning the wrong way as it seemed like everyone wanted to short the close yesterday and the open today- could be right eventually but for now it doesn't seem to be the smartest move to fight the NAZ /tech strength.