Early Update

10:48 a.m. ET The tone this morning is on the bullish side, but low conviction. There are some interesting developments in Small Caps as we near the kick-off of earnings season with the banks Friday, which are crucial to Small Caps near term. SP-500 -0.1%, Dow +0.1% (Transports +0.6%), NASDAQ-100 -0.7%, Small Caps +0.35% A…