Cusick’s Corner 10-08-2012 After Hours
The market bounced off the worst levels and the drivers were Small and Mid Cap stocks, IWM/MDY. I highlight this move because these higher flying, higher beta, moving stocks are a good barometer of the domestic economy and if there is stress here at home then it will show in this segment. Technicians are seeing spots where bearish sentiment and pressure is building in Metals, Energies and Tech, so this needs to clear up if the bulls are to get any … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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