MIDDAY NOTES

Market told North Korea to go screw. From the outset, weakness bought up. The 40% or so of the market that has been working but pulling in…settled down, held and moved higher…helping the market along. We are talking the SOX (SEMIS), some big cap growth/glamour names as well as big names that have been hit that bounced…like AMZN, GOOGL and a few others.

Remember, until those vital support levels have broken…they haven’t. Do not jump the gun. Just know this is a very split tape with a good dose of deterioration where more stuff has gone into the not so good side of the column. More to come.