Intraday Update – Consolidation Phase Intraday? If So, We Have the Next Target on the Upside

1:13 p.m. ET The market is still looking good with all 11 S&P sectors up from +0.34% (Materials) to +2.65% (Technology).  The 3 mega-cap heavy sectors are at the top of the leaderboard, and the mega-cap index (+1.95%) is leading the S&P Equal Weight (+1.4%) by 55 basis points. This is actually good news as…