Cusick’s Corner 02-06-2013 After Hours
The market continues to chop around 1500 on the S&Ps. While the bulls have the momentum at this juncture, we are getting to a stage where a consolidation or pullback could be healthy. Right now the market has not been able to break upside resistance, 1515 on the S&Ps. Getting long has had a good Risk to Reward, especially after this one month ~7% move to the upside. I would like to see a pullback, 1460-1470 on the S&Ps, and a hold at these … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards