Totally Dismissible Action

 | Jan 03, 2014 | 4:20 PM EST  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

ge

,

goog

,

aapl

,

pvh

,

deck

,

cmg

,

dal

If GE's (GE) only down $0.02, even with a late day sell-off, then I think the harbinger's a good one.

Then again, I haven't seen such a bizarrely un-correlative day like this in ages. The banks soared and stayed up. The industrials roared and then gave it up. And tech turned into the real downer led by Google (GOOG) and Apple (AAPL) in a real pasting.

At the same time, some of the classic growth stocks that had been resting, PVH Corp. (PVH), Deckers (DECK) and Chipotle (CMG) were terrific and the airlines finally took off again after Delta's (DAL) good December news.

I am sure someone will try to spin this session negatively because we got knocked in the end, but all I can say is that if there could be fewer players in the first week of a new year than today, I can't remember it.

Totally dismissible action, either way.

Columnist Conversations

Cover story in Barrons: "JPMorgan Rising" - JPM was added to my Best Ideas List and "Trade of the Week" on Wed...
Darden Restaurant's (DRI) CFO sold 66,863 shares on March 24, 2015 for an average price of $69.68. Proceeds to...
We did not end up holding the pullback to the last time/price low in NFLX. I have run some new price relation...
The Biotech iShares (IBB) fund closed up nearly 2% on the day, but was down over 5% on the week. Today's volu...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.