THE OPEN

Markets are trading higher with the SPX +5.6, NAZ +12 and the DJIA +60.

Strong sectors- gaming, metals, emerging markets, oil service and brokers while drugs, bio, ags and internets lag.

NYSE- 1500 net green;

NAZ- 800 net green;

NDX- 72 GREEN;

SPX - 375 GREEN;

VIX- down 4% at 26.8;

TRIN- .56 with up volume almost 8x the down.

Markets with a slow ramp higher as the initial gap was sold- and now being bought again as we get some nice high ticks- looking for a slow crawl higher to continue today and looking to be on the long side for the major indexes today.