The Dow is up 26 (0.2%) to 12045, the Nasdaq is up 3 (0.1%) to 2687 and the S&P 500 is down 1 (0.1%) to 1293. Action has come onbelow avg. volume (NYSE 350 mln vs. avg of 439 mln; NASDAQ 793 mln vs. avg. of 959 mln), with decliners outpacing advancers(NYSE advancers/decliners 1116/1737, NASDAQ advancers/decliners 955/1523) and with new highs outpacing new lows (NYSE new highs/new lows 44/16 and NASDAQ new highs/new lows 36/32).
Relative strength:
Silver Miners-SIL +3.6%, Copper Miners-COPX +3.3%, Gold Miners/Jr-GDX/J +2.7%, Base Metals-DBB +2.5%, Copper-JJC +2.4%, Natural Gas-UNG +1.8%, Indonesia-IDX +1.8%, Russia-RSX +1.7%, India-INP +1.7%, Chile-ECH +1.4%, Palladium-PALL +1.4%, Silver-SLV +1.4%, Metals and Mining-XME +1.3%, Crude Oil-USO +1.3%
Relative weakness:
Egypt-EGPT -7.6%, Cotton-BAL -2.8%, Sugar-SGG -2.2%, Coffee-JO -1.9%, Volatility-VXX -1.6%, Regional Banks-KRE -1.4%, Grid Infrastructure-GRID -1.3%, Banks-KBE -1.1%, REITs-ICF -1.1%, Airlines-FAA -0.9%, Ag-DBA -0.9%, Pound-FXB -0.9%, Japan-EWJ -0.9%
