Quick Update

11:21 a.m. ET This morning is largely a carbon copy of yesterday, dumping growth, momentum, Technology, megacaps, semis on one side and leaning defensive on the other. Second verse, same as the first. SP-500 –0.65%, Dow 0% (Transports -1.3%), NASDAQ-100 -1.2%, Small Caps- 0.6% Semis already hit and surpassed their measured move. (5m) below $5600…