The yellow flag is out, since 2014’s finale was anything but grand. For one, after two weeks of trying, the E-mini S&Ps failed to reach a very modest rally target. In addition, some of the lunatic stocks, including Priceline and Chipotle, were not their usual, ebullient selves. It’s a safe bet the weakness shall pass, but for the time being, and just to be safe, we’ll treat weakness with unaccustomed respect.
