THE GAMERS

Equity markets are lower this morning but well off their worst levels - and the SPX did tag 1199.2 yesterday - so curious to see if they can bring them back and head over the 1200 level- currently SPX -4, NAZ -3 and the DJIA -8.

Strongest sectors include - gaming, real estate, junk, nat gas, homies and semis while metals, oil service, airlines, banks and energy lag.

NYSE- 920 net losers;

NAZ- 600 net losers;

SPX - 160 up and 330 down;

NDX- 42 GREEN;

VIX- higher by 6% at 16.55 and a hair under the SMA 10.

TRIN- .62 with down volume slightly higher than up;

Gold down .5% at 1150.

Dollar up a hair at 80.72.

RSI 2 levels all over the board on the major indexes:

SPX 44;

NAZ 64

NDX 80

DJIA 58

So apparently energy dragging the SPX down a bit while semis and tech are outperforming and causing the NAZ/NDX to be the winner to the upside.

Still long SMH BMY SNY GGP MGM - for short term trades - and hoping for lower prices to add.