Early Update – Earnings Season Holding Pattern

11:10 a.m. ET Most of the averages are pretty flat, most moved less than a tenth of a percent. Small Caps are outperforming early on as the Most Shorted Index looks to be seeing some short covering. SP-500 -0.05%, Dow +0.05% (Transports +0.1%), NASDAQ-100 -0.25%, Small Caps +0.75% For the most part, since there’s so…