The first few trading days of the month of March have seen the return of volatility to the market. Fresh off of a February where the bulls ruled the roost -- and a number of the major equity indexes set all-time highs -- we are now seeing traders take a bit of a pause. They are using the opportunity to take some profits off the table in a market where valuations are frothy. Some decent, but nonetheless uninspiring, economic data are not providing the impetus to push stocks notably higher and, with the absence of much earnings news right now, we are seeing some backtracking off of the recent highs.