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Minyanville's T3 Morning Market Call: Avoid Exuberance After Strong Start to 2013
US stock futures pointed to a slightly lower open Monday morning following the S&P's (INDEXSP:.INX) biggest weekly gain since December 2011. The index closed at its highest levels since 2007 which seems hard to believe. However despite the slow economic recovery we have to embrace the market we are in. In the short-term the market may need some rest after a blockbuster start to 2013. (Make sure to check out Scott Redler's predictions for 2013.)   Market sentiment is starting to become decidedly bullish. When you see consensus skewed heavily in one direction it is a sign to be more ...
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