Afternoon Update

I’m going to keep this post short and sweet. S&P $4500 was the call for the day, despite the fact that the 10-year yield is 11 basis points higher, which would normally, and especially after the last 2 days, put severe downside pressure on stocks – especially the mega-caps. SP-500 -0.25%, Dow -0.15% (Transports +0.1%),…