In this morning’s Quick Takes Pro newsletter, I wrote up a few of last year’s leaders that actually fell significantly on a day when the Dow came roaring out of the gate (mixed metaphor – horses do not roar – but you get the point). Here is one of them – MasterCard.
Since this was one of 2011’s superstars, it is troubling. I get that the loser banks rebounded big time but why was this sold hard instead of just ignored?
The canary in the coal mine is still alive but a bit woozy.
