Afternoon Update

3:33 p.m. ET SP-500 -0.6%, Dow -0.6% (Transports -1.5%), NASDAQ-100 -0.85%, Small Caps -2.6% This week starts the first trading week of 2024 and what we have so far is yesterday the mega-caps were sold. Today, small and mid-caps are being sold with an emphasis on the “Trash” stocks that make up the most shorted…