Intraday Update – Final Hour of Trade
3:07 p.m. ET SP-500 +1.8%, Dow +2.05% (Transports +2.1%), NASDAQ-100 +1.45%, Small Caps +1.4% As of the last update I was expecting the averages to move more laterally/sideways in an intraday consolidation, probably extending throughout most of the afternoon and potentially into the last hour of trade. So far they’ve done just that and I…