Cusick’s Corner 04-23-2012
I mentioned in Friday’s Midday that the weakness in the Mid and Small Caps needs to be watched. Both the economic data out of the EU (more specifically Germany) and worse than expected PMI data out of China help explain the action in the larger market caps but last week before this data was out, the Mid and Small Caps were leading the market down. I will continue to watch support on these market segments, 755 MDY and 935 on IWM, while momentum is in the shorts’ hands … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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