Market Update – Consolidation and Recessionary Signals

11:44 a.m. ET The averages opened on a modestly higher note, gave up opening gains to trade mixed, but little changed. Considering yesterday’s close and the fact I was expecting a pull back/correction early in the week, the price action seems very reasonable and not extreme. SP-500 -0.1%, Dow +0.2% (Transports +0.45%), NASDAQ-100 -0.1%, Small…