Early Update – Small Caps Ripping Higher, Led By Regional Banks

11:39 a.m. ET After a brief 1-day breather, the emerging June trend of Small Caps/cyclicals rotating in is back in full force this morning led by the Regional Banks. Notice the major averages are all a tenth of a percent on either side of unchanged, but Small Caps are up +2.5%! SP-500 +0.1%, Dow -0.15%…