Intraday Update – S&P Support $4100

2:02 p.m. ET The averages have settled into a small consolidation as the S&P came down to $4100. The consolidation thus far has a bearish bias. The NASDAQ-100 has the slimmest loss as mega-caps outperform the equal weight S&P and growth style factors outperform Value. Small Caps are the worst performing, which speaks to recessionary…