Intraday update – Well That’s Not A Good Sign

12:41 p.m. ET We had a very strong, broad-buying open following a fairly uneventful CPI report, but before I even finished the Early Update post, prices had already come substantially off morning highs. It’s not a good sign when a market can’t sustain an advance. SP-500 (5m this week) with today highlighted. For the S&P…