Stocks drifted on Monday with investors reluctant to push the S&P a whole lot higher, with volume drying up into the holiday-shortened week.Already, bulls have pushed the S&P up 5.4 percent for the month and 11.6 percent for the year. "We are a little elevated here. We've got a little bit of a nosebleed going," explains Stephen Massocca, managing director at Wedbush Morgan in a Reuters interview.
However, the Fast Money desk is closely watching action in the CRB Commodities Index , which touched 2 year highs.
Gains were largely triggered by published reports that suggested China won’t raise rates for at least a year -- which investors took to mean China was taking its foot off brake.This development might seem modest today; however the Fast Money gang thinks it could have enormous implications very quickly.What must you know?Page 1 of 7 | Next Page