1:30pm (EST)

The market is mixed as we head into the second half of trading as the blue-chips are up while both the S&P 500 and Tech are trending lower.  Futures were pointing towards a nice pop at the open but the Nasdaq has been weak for much of the session after a positive open.  Apple (AAPL, $587.49, down $17.74) and Google (GOOG, $606.29, down $18.31) were leading the Tech sector lower, as both try to hold down the $600 level.

As far as economic news, Retail Sales rose 0.8% in the month of March.  Excluding autos and gasoline, the core reading was up 0.7%, versus forecasts for an increase of 0.5%.  The Empire Manufacturing Index came in at 6.56, which was well below expectations for a print of 18 while the Housing Market Index for April came in at 25, versus expectations for a reading of 29.  And finally, Business inventories were up 0.6% in February, matching expectations.

Citigroup (C, $34.07, up $0.66) is up 2% after reporting better-than-expected earnings but missing on sales.  The company reported a profit of $1.11 a share on revenue of $19.4 billion.  Wall Street was expecting $1 a share on revenue of $19.8 billion. 

As we head to press, the Dow is up 90 points to 12,939 while the S&P is up less than a point to 1,370.  The Nasdaq is down 21 points to 2,990.

One of our current trades was stopped out today.  Lululemon Athletica (LULU, $73.02, down $0.49) traded higher at the open and our Hard Stop was triggered.  We made a nice 25% return in under 2 weeks and we may be back to play this name again, soon.  Subscribers, check the Members Area for the updates.