Cusick’s Corner 08-15-2012
This market action reminds me of the days when I had to push my car down a hill, jump back in, pop the clutch and fire the engine up. In other words this market has run 11%, and in the face of mixed data and earnings it is holding up well. This establishes that the longer term trend is up and still intact. This strength is also showing up in the Small Caps, IWM, where a break above resistance, $80, is a potential bullish flag. But, like after a long run, one will need … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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