Cusick’s Corner 06-01-2012
You can read about the Jobs data below and while it was not a horrible number, it was well below expectations, placing all the major indices under pressure. Right now, most indices and sectors are retracing about 38% of the October through May peak. You are also seeing the leading sectors, Consumer (XLY), Financials (XLY), which have been the laggards over the last few weeks with still no buying pressure at this stage. Here’s what some traders are still waiting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards