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Six ‘Investment Potholes’ That May Hinder the Stock Rally

By Steven Russolillo

While the stock market is taking a breather today from its marathon rally off the early-October lows, investors still remain pretty upbeat about the future.

There’s still lots to like about this market. The economic recovery keeps puttering along, Europe’s sovereign-debt crisis has simmered down and major stock indexes have returned to levels last seen prior to the financial crisis. The S&P 5o0 is up about 12% this year 28% from early October.

Everything’s all good, right? Not quite, says Nicholas Colas, chief market strategist at ConvergEx Group. He outlines six potential “investment sinkholes” that could derail the current rally.

Read the rest here.

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