Daily Wrap

DJIA -7.45 (-0.06%) 12,788.51  S&P 500 +0.92 (+0.07%) 1,387.81  NASDAQ +0.61 (+0.02%) 2,916.68 Yesterday we said it was a classic “Gap and Go” day and today was a classic consolidation day after a big move.  We did see a pretty decent drop intraday on comments from Ben Bernanke noting that the Fed does not have the tools to counter act the fiscal cliff but those losses were quickly recouped and the S&P was able to close moderately higher along with the Nasdaq and the Dow not too far behind. Two stocks in the News today moving in the same direction…