Early Udate – SPX >5,000, But Wow Is Participation Weak

11:05 a.m. ET Index futures gapped the market higher and the S&P above 5,000 (although it was less than a tenth of a percent away the last few days), but have struggled to hold the CPI revision knee-jerk gains, and rightfully so as the revisions were meaningless to Fed policy. S&P futures (1m) Leadership is…