Cusick’s Corner 02-04-2012 Midday
Today the equities market is firmly in the red but this is after a spectacular January and the negative headlines out of the EU. While I think that this is a move that needs to be respected, I do not see it at this stage as a turning point or reversal from the strength that we have seen over the last month. Financials, XLF, Transports, IYT, have been hot and continue to lead and the money that has been flowing out of Bonds appears to be finding better entry … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards