While trading volume as largely held up this year between Christmas and New Year, the market has been directionless so far this week and fell slightly today by less than a tenth of a percent. Energy names continued to sell off as PVD (-2.4%) and GAS (-0.1%) dropped to 10-month and four and a half month lows, respectively. Local energy stocks tend to trade in step with global crude prices, but this month Brent has risen slightly while PVD and GAS are down 14% and 12% since December 1