One Bad Apple
2:58 p.m. ET The major averages have given back gains after the Dow and Small Caps tested their 50-day moving averages from below to find resistance, while NASDAQ-100 is trading just below its 50-day, after trading above it earlier. SP-500 -0.55%, Dow -0.35% (Transports +0.8%), NASDAQ-100 -0.7%, Small Caps 0% The worst part of the…