THE MAN
Equities are trading higher after turnaround Tuesday came in as expected yesterday SPX +6.7, NAZ +13.6 and the DJIA +46.
Strongest sectors- metals, semis, energy, homies, brokers and airlines while defense, banks, junk, biotech and retail lags.
NYSE- 1200 net green;
NAZ- 700 net green;
SPX- 388 GREEN;
NDX- 82 GREEN;
WINNERS- AA WY SLB HAL XRX DVN DOW NVDA HANS ADBE BRCM STX MRVL LOGI;
LOSERS- STLD GILD ESRX INTC FSLR LINTA PPDI C BA LOW USB HON RTN ETR MRK;
VIX- down 4% and about 6% under the SMA 10.
TRIN- 1.32 with up volume almost double the down;
The dollar is under 77 again and down about .4% whild gold is higher by 1.15% or about $13.
Markets probably in a tight range for the rest of the day and the week so I anticipate taking some gains here and doing little else for the balance of the week /month.
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