Cusick’s Corner 10-10-2012 After Hours
The challenge is on the bulls — the S&Ps are trading below 1430. We are resting right at the lows of September, 1421, which could be critical territory to hold. This action to the downside and the lack of upside momentum is a flag in itself that warrants respect even if we do not get downside momentum in the next few sessions. One sector that I am looking for some potential leadership to the upside is Finance, XLF. While there has been a pullback this … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards