Afternoon Update

As the market sits at the time of this writing, it’s an ugly day, but not suspiring given bear flags everywhere. At this point, on the week the averages are as follows: SPX -0.1%, Dow +0.2% (Transports +0.75%), NASDAQ-100 -0.55%, Small Caps -0.25%. Those percentages are right in line with the modest gains expected from…