Cusick’s Corner 08-13-2012
The range stayed true today, 1394.75 – 1404 on the S&P 500, so there is not much that either the Bulls or the Bears could hang their hats on. What may have the market staying in this range in the face of continued poor data (keep an eye on the EU GDP data) is the hope (which is not an investment strategy) that a stimulus is weighing in the balance. Taking a look at the earnings climate — Groupon (GRPN) reported after hours and the estimated move inferred … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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