Simon suggests investors should remain focused on news flow the markets actually care about and not yield to distractions. Stock prices are arguing economic conditions, consumer spending and corporate earnings will improve next year and seem willing to look past a potentially transitory slow down. The stock market is also suggesting by the recent rotation into cheaper sectors that stretched valuations present an increasing risk even if the economic picture does improve. Simon reviews this week's judicial opinion on the Google anti-trust case as well as recent quarterly results from Salesforce.
WIG Names: GOOGL, AAPL, CRM
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