The market last week was up slightly, but it felt heavy to us. Of the 10 major sectors of the market, 5 were down last week. Healthcare continued to defy gravity, and the banks were up, anticipating some relief with the expectation that interest rates were headed higher. The Employment report was very strong, which should give the Federal Reserve cover to be clearer in their road map to raise interest rates in 2015.

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Market in a Minute – December 9, 2014