Cusick’s Corner 01-30-2013 After Hours
The Fed spoke and the market pulled back. The market indices did try to challenge new highs right after the Midday, but the Dow, DJX, and the S&Ps, SPX, were able to hold these gains post the Fed. Really, this does make sense because we have had huge moves and the market was looking for a point to take a rest. I will be keeping an eye on the Small Caps, IWM, to see if this becomes a deeper pullback, i.e. if it breaks $87 which is a level that it … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards