Stocks Lower into Final Hour on Bounce in Oil and Rising Apprehension

BOTTOM LINE: The Portfolio is slightly lower into the final hour on losses in my Internet longs, Computer longs and Retail longs. I added to my (IWM)/(QQQQ) shorts and added (EEM) and (ATHR) shorts, thus leaving the Portfolio 25% net long. The tone of the market is negative as the advance/decline line is lower, sector performance is mostly negative and volume is above average. The market's reaction to National Semiconductor's (NSM) positive report, a reversal lower in long-term rates and the DP World news is disappointing. It appears the major averages have more work to do before another push higher can commence. I expect US stocks to trade mixed-to-lower into the close from current levels on weakness in the tech sector and rising apprehension ahead of tomorrow’s employment report.