Equities are trading in a choppy fashion but look to have an upward bias - as I type- SPX +.5, NAZ -4 and DJIA +19.
Strongest sectors- airlines, gaming, energy, ags, drugs and junk while brokers, tech, internets, homies and real estate lags.
NAZ- slighly red;
NDX- 56 GREEN;
SPX- 260 GREEN;
VIX- down a hair at 25.85.
Market feels like it wants to resume its uptrend as it has had a little dip on some disappointing news - and a big hit to some big tech stocks-
Bought some EEM this morning and will look to add if it goes lower-
The dollar looks to be back in the downtrend as it has been moving mouth since 8.30 AM- gold also looking to attack the flat line - and it looks like gold is a buy on this dip- I see no reason why the dollar wont resume its downtrend and drive the price of other assets higher.