Minyanville's T3 Daily Recap: Transports, Small Caps Suggest Possible Imminent Pullback
Major US indices finished the day down around 0.3% but based on some of the reaction in the trading punditry you would think we had another Black Friday. That is a testament to just how strong the market has been so far in 2013. The S&P (INDEXSP:.INX) held above its 8-day moving average but a few other indices broke below theirs which could be a harbinger of things to come. The Fed rate decision was a non-event as expected. The FOMC voted to keep rates exceptionally low and are now consistently tying rates to the unemployment picture. The jobless ...
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