Cusick’s Corner 11-05-2012
The range continues, 1400-1425 on the S&Ps, and this action might continue into tomorrow until there is a victor announced in the election. As I noted last week, the Small Caps, RUT/IWM, could be a decent tell going into tomorrow and post election of where the next move could be going. The Small Caps have been under pressure along with their Large Cap brethren, but this has been a much more muted pullback. Support has been held, $81 on the IWM, and a break above … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards