Equities trading mixed at midday with the SPX up a hair - and the NAZ/NDX down about .5%- but both indexes well off the worst levels of the day.
Strongest sectors- banks, airlines, homies, gaming, retail and real estate while semis, internets, metals, emerging markets and tech lag.
NYSE - flat internals;
NAZ- 90 net losers;
SPX- 220 GREEN;
NDX- 31 GREEN;
VIX- down a hair at 19 and about 4% under the SMA 10.
TRIN- .78 with up volume slightly better than down.
Gold down about .5% at 1131 while silver is up a bit at 18.27.
Crude down a bit while energy stocks are lagging the major indexes.
RSI 2 levels diverging among the major indexes as follows:
So probably time to buy the NAZ/NDX and sell the SPX - or something like that - not sure we get much more action today as most are waiting for the jobs numbers tomorrow.