Stock market is calm — perhaps a little too so — and experts say big move might be in store Or maybe according to MSNBC eye of the storm is the better metaphor.
"It's a little too calm," says the usually unflappable Jim Paulsen of Wells Fargo Management, a bullish stock strategist not easily spooked. "Maybe we're setting up for a break."
Whether that break will bring a rise or fall in stocks, Paulsen is not sure. But he suspects it'll be big whichever direction. For eight straight days, the Standard & Poor's 500 index has moved up or down less than 1 percent, a run that is both remarkable and a tad eerie. The last time stocks moved so little for so long was a 13-day streak starting last April 21 — just before a bumpy five-month drop to near bear-market lows.
Other curiosities, ominous or otherwise, from the first two weeks of the year:…
Read more at http://www.msnbc.msn.com/id/46013939/ns/business-stocks_and_economy/#.TxUqp2_2bhc
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