Joe Sunderman
Joe Sunderman
january market profit seeing since today
The market has had a respectable run-up since its January 24 lows, and today you're seeing some profit taking.
december influence late looking maybe near news people recently surprising
The Cisco news isn't that significant, but maybe it's enough to influence people who were looking to get out. The S&P 500 had recently been right near its late December highs, so it's not too surprising to see this consolidation.