Cusick’s Corner 01-31-2013 Midday
In spite of a negative GDP, increased Claims, higher taxes, this market is holding — oh, and the Fed is still dovish. I continue to watch the action in the Small Caps as my barometer on the economy and at this stage, RUT is holding up. I mentioned before that a rest may not be the worst reaction for a market that has been on a healthy march up, with broad-based support. Dips are looking to be met with some nibbling by the bid, but the data is tempering any … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards