Early Update – Wait & See With a Value Bias

12:00 p.m. ET Early trade shows a little bit more of that daily rotation between Growth and Value style factors. This morning is favoring the Value style factor has an approximate +120 basis point lead over Growth. The averages are mixed, relatively little hanged with the growthier-biased SPX and NDX slightly weaker. SP-500 -0.4%, Dow…