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Market recap: Investors sensing that the market's a bit ahead of itself sent stocks...
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Thursday, January 31, 4:15 PM ETMarket recap: Investors sensing that the market's a bit ahead of itself sent stocks slightly lower in lackluster trading, finding little impetus for action amid disappointing earnings from the likes of Dow Chemical and UPS plus mixed economic data (I, II, III). Still, it was the Dow's best month since Oct. 2011 and its best January since 1994; the S&P jumped 5.1% for the month, and the Nasdaq rose 4%.
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Several new records set by the NAAIM survey. The long side is very crowded...
-Bill L.
Go, just go
But again, who knows.