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Quiet market with Defensives on the comeback, Financials struggling

Into mid-day, still a very quiet market not much change over last few hours, S&P still lower by around 0.25%, with breadth about evenly split between Advancing and Declining issues- WTI's pullback has had some effect on dragging Energy lower which is now lagging all other 10 sectors, while ConsDiscretionary is down the 2nd most at 0.50% but showing increasing signs of rolling over.. and COH, CMG, NFLX, TSCO, BBBY all down by 1.75% or greater.  Defensives making up the greatest gainers today with Utilities, REITS, Telecomm outperforming.. Interesting to see that good BAC earnings are still not helping Financials meaningfully which are down about 0.20% but given ROE levels still below pre-crisis levels, Banks have just gone through their least profitable quarter in more than a year - For today and over next few days, Equity trend still will need to reclaim last Fridays highs to think stocks can start moving higher, and for now still a much greater probability of a test of last week' s lows-  For today, 2116.75 important.. while under should get to 2107 and then a likely breach of 2100-  Today's best performers: HAS, NEM, FE, VMC, ILMN, while on downside- CHK, CBT, SWN, DVN, CI-   6 of the worst 10 performers all energy related--  Let me know if you have any questions