MIDDAY LOOK

Markets continue way higher - with the SPX +11, NAZ +25.5 and the DJIA +92.

Strong sectors- homies, gaming, airlines, oil service, real estate and reits while semis, biotech, ags, junk and banks lag.

NYSE- 1755 net winners;

NAZ- 1000 net winners;

SPX- 420 GREEN;

NDX- 77 GREEN;

VIX- 24.1 and about 7% under the SMA 10;

TRIN- .72 with up volume about 5x the down;

EWA EWC EWZ all ramping and out performing the US indexes- as the dollar index is down about .7% - gold - high for the year and all time at $1057.

Note the reuters article on the gold/silver coins posted yesterday was a bit outdated - here is the release from yesterday from the US MINT- about the same except they will be selling the buffalo gold coins.

Still looking to hit the recent highs on the SPX near 1080 - and note the RSI 2 levels near 95 on the SPX and a bit higher on the DJIA.