Cusick’s Corner 06-08-2012
The market is in a holding pattern with neither side eager to move. The bulls have been holding support, 1307 on S&Ps, that’s stuck right at the daily pivot. The Financials, XLF, have been performing well and have the strength today. This is positive, however I still expect choppy but tight, range-bound action into the After Hours.
Stock market averages have recovered from morning losses and are holding modest gains Friday. Poor economic data overseas, including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards