Stocks continue their somewhat tentative start to 2014 today. It was as has been the case quite often this year, a classic mixed market. The Dow was the only one of the three major barometers to end the session with a gain and that mostly because positive showings in four of its higher priced constituents — American Express, Visa, Goldman Sachs and IBM. Only eight of the Dow 30, but that was enough to power the index to its first weekly gain of the year.
But don`t get giddy. It was only about 1/10 of one percent. And so far in 2014, the Dow is off about three quarters of a percent, and the S&P down about a half a point.
Chris Gaffney a senior market strategist with EverBank offers his insight.