Cusick’s Corner 07-17-2012
The market has pulled back, giving up most of the early morning run. This started as the much hyped meeting with the Fed Chief was getting pressed on QE. The pullback did halt the move in the dollar, UUP, to the upside while gold, GLD, started to hold up. I expect the choppy action to continue but should stay in a range. Right now the ball is in the bear camp, if the Fed Chief does not tip his hand as he continues to get pressed on QE, the bears could use that as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards