Mid-Morning Market Recap by TradeTheNews Staff - US equities are trading mixed to lower, but relative strength can be found within the Dow Jones Transportation Average. A FedEx upgraded +3% and continued strength in the airlines (AMR +4% CAL +4% JBLU +2% LCC +2%) have helped the average add more than 1%. Shares of AMTD are higher by 5.5% post earnings, and that is helping lift some of the other online brokers. OXPS +1.5% TRAD +2.7% ETFC +1% Homebuilders are seeing some selling after CTX â2.2% was the latest name to lower guidance. TOL â1.3% RYL â1.5% LEN â1.6% PHM â1% There has also been some profit taking in tech land after SYMC â8% cut guidance and ahead of INTCâs earnings release after the close. INTC â1.25% NSM â2.4% MU â1.8% SMH â1.2% - Crude futures are again a major focus as the Feb contract trades down another 2.3% to $51.55. Oil began selling off earlier this morning after a Saudi Minister said there was no need for an emergency OPEC meeting at this time. The Oil Service Index is down a little less than 1% in sympathy. XOM â1.2% is on of the biggest drags on the Dow. As crude has moved to new session lows Gold has given back some early profits. Feb Gold is currently down fractionally at $624.30. Silver is also near session lows down nearly 2%. - US Treasuries firmed following a weaker than expected January Empire Manufacturing reading but yields have since drifted up from their lowest levels. 30-year +6/32 at 4.847%; 10-year +5/32 at 4.753%; 2-year +1/32 at 4.859% The US Dollar has been firming throughout the morning as lower Crude continues to buoy the Greenback. The Dollar has pushed back above 1.17 against the Canadian Dollar after the BOC left interest rates unchanged. USD/JPY 120.70 +0.25%; GPB/USD 1.96 â0.25%; EUR/USD 1.2925 â0.1%