Cusick’s Corner 07-31-2012
The market action into the Midday is mixed. The pressure is mounting for more details from the Fed. Support levels are currently being challenged, 1375 on the S&Ps, and if you look at the advance/decline, the action has been hitting on the decliners side. This selling is modest at this stage but the bid is clearly not present on these latest dips. I will be keeping an eye on the selling pressure into the After Hours.
Market action is mixed midday. Economic data … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards