DIGGING OUT

Equity markets are bouncing around the flat line with strength being found in metals and commodities.

Strongest sectors- metals, energy, biotech, banks and retail while gaming, internets, airlines, tech and real estate lag.

NYSE- 700 net green;

NAZ- flattish internals;

SPX- 272 GREEN;

NDX- 42 GREEN;

VIX- down 2.3% at 18.9 and about 5% under the SMA 10.

TRIN- .74 with up volume about 2x the down.

Looking to take off all trades with stop under DIG and GDX - although expecting a move higher before the close- and still looking at a sell off on the payroll number on Friday- just seems like everyone is expecting really good news.