Intraday Update – Mega-Caps & Tech as Small Caps Test The Week’s Low

12:28 p.m. ET While Small Caps are still ugly, the NASDAQ-100 is moved toward unchanged on the day, coming within 0.15% of going green. Risk sentiment has turned down intraday since, but the point of this post still stands. The NASDAQ-100 is down about half as much as the S&P and a thrid of Small…