Cusick’s Corner 11-08-2012
Shorts were still hitting the bounces in equities, while the Crude markets have firmed and Energies, XLE, found some traction into the After Hours. Utilities, XLU, also found a bit of wind in the last 60 minutes. There was acquisition news, Priceline and Kayak announced a deal and peers are moving on this news. Sentiment will be the focus in the pre-market Friday when the Michigan sentiment number comes out, this reading gives a good pulse on the consumer in respect … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards