Cusick’s Corner
From Hope to Confidence is how I would characterize the market action over the past 6 sessions. The confidence is rooted in the coordinated government actions to step in and get the clean up started in the EU. This has yields on debt coming down and the equity markets in a strong. One market that is not following this trend is Gold, GLD, which backed off fast when it hit resistance, 62% level, as it was retracing off the November lows, $162.07 on November 21st. I am using the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards