LOOKING TO DIP
Equities are trading a bit lower after starting out in green territory - SPX -1, NAZ -2 and the DJIA -4.
Strongest sectors- airlines, drugs, reits and tech while nat gas, energy, homies, semis and banks lag.
NYSE- 250 net red;
NAZ- flat internals;
SPX- 247/240;
NDX- 60 GREEN;
TRIN- 1.24 with up and down volume about equal.
VIX- 18.4 and near the unchanged level for the day.
Markets hanging in as I type and suspecting we may get a move higher before the day ends - areas I am looking at for longs include LVS XME EWC MS BAC-
1 Comments:
Markets can dip at anytime.
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