Sideways May Not Be So Bad for Stocks

Sideways May Not Be So Bad for Stocks
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â??Sidewaysâ? was a hit 2004 movie about a troubled guy who loved wine.

Todayâ??s stock market also is sideways, but without the wine.

The S&P 500 did edge up to a new record on Friday, finishing at 1900.53, its first close ever above 1900. But the broad S&P is up only 2.8% since the year began. The Dow Jones Industrial Average and Nasdaq Composite Index are even flatter for 2014, with the Dow up a tiny 0.18% and the Nasdaq up 0.22%.

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