Cusick’s Corner 08-28-2012
Again, there’s not much to discuss — this is a grinding, end of summer market. There are potential catalysts going into the end of the week but as I said, it is not worth pushing it. The trend in the Dollar, UUP, has catalyzed the strength in Gold, GLD, and miners are leading the way as well, GDX. While the precious metals are showing strength, the major indices like the INDU, S&Ps, and NASDAQ are showing decreasing strength and volume. See you Midday.
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