Afternoon Update – Weak Effort With Massive Mega-Cap Weakness
3:34 p.m. ET Today’s market has good breath and participation with 8 of 11 sectors green and advancers better than 3-to-1 over decliners, yet most of the major averages are red. Small Caps and Transports are green and outperforming, but falling just shy of filling yesterday’s gap down. The fly in the ointment? Mega-Caps are…