Cusick’s Corner 01-02-2013 After Hours
The market went into grind mode with all the major averages, SPX/NDX/DJX, halting at October resistance, except the overshoot in the Small Caps, RUT. While I would not be looking to test the momentum to the upside, I equally have a hard time nibbling on the long side after the magnitude of the move we saw today. With the in-fighting now starting to heat up in Washington along with the data, more specifically Claims data, due out before the open tomorrow, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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