Intraday Update – Solid Market Tone

1:45 p.m. ET The theme today is consolidation.  The main indices have been able to maintain a slightly positive disposition for most of the session. The S&P is hovering around $3900 with its 50-day sma at $3907.48. So far this session, conviction is lacking on either side of the tape. Advancers lead decliners by a…

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