Intraday Update – Mega-Caps Still Providing Leadership
2:50 p.m. ET The S&P is nearing a test of last Friday morning’s highs, which were led by the mega-caps stocks, until the mega-caps faded off Friday’s morning highs. The mega-caps are leading this rebound to test up toward the level. While breaking out above the level would be certainly constructive for the S&P near…