Cusick’s Corner 07-25-2012
What a day — the Small & Mid Caps, IWM/MDY, continue to struggle (not a good sign for the US economy) and are breaking long-term support (200-Day Moving Average). Tech, QQQ, continues to get beat up and the sellers were out in force today. Lastly, Metals and Miners, XME, are trading lower, yet another flag of potentially more global weakness, but Volatility as measured by the VIX, was down ~4% — makes you scratch your head! While the “fear index” has pulled … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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