Back on Track
The first week of 2013 is in the books and it was a good one. A huge move on the fiscal-cliff deal put pressure on investors to keep pace and that created very strong underlying support. As is often the case when there's strong upward momentum, buyers are extremely anxious to buy dips, and the pullbacks don't last for long.
There was slight nervousness Thursday afternoon following the release of the Fed minutes with the hint that it may actually turn off the printing press at some point, but a decent jobs report this morning, along with anxiety about underperforming, soon had the market back on track....171 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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