Cusick’s Corner 02-14-2013 Midday
While breakouts abound in Finance, XLF, Energy, XLE & Semis, SMH, you cannot help but notice that the general market is not moving. One reason is that the market did open down due to bad data from overseas, plus the triple whammy of Bonds, Gold, and Dollar, all up at the open. Now this did not sway the dip buyers, they were able to recapture the breakeven levels in the major indices. Keep an eye on this triple whammy of TLT, GLD, and UUP that I mentioned … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards