Market Update – Mega Caps Losing momentum; Precious Metals Breaking Out

11:45 a.m. ET Averages The averages have the same consentient gains as seen Wednesday, presumably as the market goes on autopilot with fewer and fewer traders at their desks. Price gains are losing momentum, apparent in several key areas, too, like mega caps. Style factors still favor High Beta (+1.1%), reflecting short covering. Value and…