Cusick’s Corner 04-30-2012
The challenge is on for the bulls — will they break or continue to chop? I will be watching the action in the Euro, FXE, as a potential flag early this week. If the Euro currency does break to the downside, this could be a potential flag for pressure on Equities. As noted below, the data was poor but after the advance GDP number, not totally out of left field. This puts the onus on the employment data at the end of the week — if it’s poor then the market could come … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards