Cusick’s Corner 05-02-2012
The data picture out of the EU overnight pushed the futures down, S&Ps below 1400, and the poor ADP out premarket put short-term pressure on the market. When numbers hit like this morning’s, the first places that I look for a reaction is in Commodities, DBC, JJC, JJG and Transports, IYT (as I have been noting all week). The reason I look to these two is that they are very economically sensitive sectors. No surprise that Commodities have slipped, down between … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards