Cusick’s Corner 10-23-2012 Midday
With both earnings continuing to disappoint and talk of Helicopter Ben on the outs, the market is in a negative mood. While the reports of Bernanke potentially moving on in the near future are not formal, they have put gold traders and interest rate handicappers in a bit of a tizzy this morning. This also has led to some bullish trade in the Dollar, UUP, which continues to pressure the Crude markets, -2.81%. Mid-term support, 50-Day Moving Average, has been … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards