Totally Dismissible Action

 | Jan 03, 2014 | 4:20 PM EST  | Comments
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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.

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