January 13, 2012, NASDAQ
In an interview with RTTNews, Marc Pado, U.S. market strategist at Cantor Fitzgerald, says today’s sell-off was due. "We’ve been up almost every day since the year started so we needed a little bit of a pull-back," says Pado. Looking ahead, this is going to be a difficult year. We’re looking for a positive January and then some nervousness is going to be difficulIt, its going to be a fight. We’re looking for a correction. 2012 should end strong, the second half should be very good, but the first half should be questionable."