Early Update – Not The 1-Day Oversold Market I Expected

1:04 p.m. ET Between 1-day oversold internals, one of the Mag-7 stocks beating earnings (Tesla) with a +20% gain , and a -4bp pullback in yields across the curve, I’m surprised at this morning’s dull price action. The price action looks like the bare minimum expected from just the 1-day oversold condition alone. S&P lost…