The AFC pulled off an upset in this year’s SuperBowl. Does that mean we get a 6-8pt intraday pullback soon? As we have learned since 2009, the low volume and low volatility grind up can last a long time once it gets started. A strong January is often an auspicious sign for the rest of the year. Both the DOW and S&P are back to 2007 levels and just a few percent away from a new high. At the current rate we are set to eclipse the 2007 high this year.
