THE LOOK

Markets are trading mixed with the NAZ/NDX trading up on the heels of the MSFT/AMZN numbers while the SPX/DJIA are both lower -

Strongest sectors- internets, retail, gaming, ags and metals while semis, trannies, brokers, homies and energy service lags.

NYSE- 900 net losers;

NAZ- 700 net losers;

NDX- 20 GREEN;

SPX- 95 GREEN;

VIX- higher by 2% at 21.2 and about 3% under the SMA 10.

TRIN- 1.06 with up volume about half the down.

Its all about the dollar and if the dollar has found a floor near the 75 level on the basket - equities have probably found a ceiling- other than that probably choppy for the rest of the day and back to get em on Monday.