Cusick’s Corner 06-15-2012
The market continues to grind here; S&Ps 1329 are stuck at these levels. Expiration and the SPY dividend could be the catalyst to the upside activity but technically speaking this action is shaping up to a bounce in a downtrend and while we are at getting to the best levels of the week, we have not challenged true resistance, 1350 on the S&Ps. I also continue to see that the defensive style stocks, XLP, XLK, are still outperforming risk stocks, XLF, XLE, XLY. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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