Cusick’s Corner 02-01-2013 Midday
The bounce into the Midday needs to break through resistance. This is an impressive move and while the market looks overbought, the buying breadth of the move has been across most asset classes, except for the Dollar, UUP. Another interesting move that has occurred is in the Bonds where there was an initial pop on the Jobs number and now the long-end of the curve is in the red. If this move in the Bonds continues, it could signal decent momentum for a continued … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards