Intraday Update – Where Things Stand

3:01 p.m. ET I’m not a fan of dull days that aren’t actually doing something insightful. A consolidation day can be dull, but it’s doing something insightful. A couple of the major averages are perfectly unchanged. Just the two that benefitted most from short covering, are notably weak today (Small Caps and Transports). SP-500 0%,…