The Daily Dose: No Reason to Panic Yet

Strange to see the market falling alongside a continued of positive reads from various global data pools, huh? It shouldn't be a shocker given this from Monday.  But, in case you did miss that here are three things to get the mind straight:

The Russell 2000 has underperformed the Dow and Nasdaw since November 4 by a full percentage or so. Stocks are reacting negatively to favorable data, and the probability of a non-farm employment report that satisfies Fed qualifications for less liquidity. You can also see this in the reduced upward velocity in 2013's leading stocks, for example Starbucks (SBUX). Here comes the early pricing in of the 2014 taper, baby! Mobile spending this holiday season has been robust, physical stores the opposite. That divergence says the economy is in such a position that the consumer is unable, or unwilling, to double spend. Double spending usually involves a credit card. An economy not double spending is one that surprises investors negatively in 2014 as more focus is paid to the actions of business and people and less on artificial stimulus.

No reason to panic yet but be mindful of the new messages the market is sending....369 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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