Early Update

10:30 a.m. ET The averages are down, but fairly modestly. On the other hand, Regional Banks may be getting that spark needed to ginite the relief rally I’ve envisioned. SP-500 -0.4%, Dow -0.4% (Transports -0.3%), NASDAQ-100 -0.6%, Small Caps -0.5% SP-500 (10m) this is not the kind of definitive breakout you want to see from…