With No Catalyst, Stocks Rumbling and Stumbling Through February

The market wants a new drug.

Special G -- a healthy dose of Alan Greenspan -- just doesn't seem to be working anymore. Now that investors have gotten used to the idea that the Federal Reserve is back on the market's side again, traders are looking for another reason to push stocks higher.

Tuesday's Coverage

Getting a Handle on the Wireless-Handset Slowdown

Previously

Why This Earnings Season Has Been So Brutal

Earnings Burned Investors, but the Tech Fire Remains

With No Catalyst, Stocks Rumbling and Stumbling Through February

In the last week-and-a-half, they haven't found one. With earnings season about done and investors worried about some of the most prominent companies yet to report (like Dell (DELL Quote) and Hewlett-Packard(HWP Quote) later this week), market participants have taken to using the term "dead money" to describe growth stocks.

The January rally was founded on the belief that the Fed's aggressive rate cuts would cause a pronounced improvement in economic activity somewhere around six to nine months down the road. These days, they're realizing six to nine months is a long time to wait for growth stocks to grow. ...