Cusick’s Corner 06-20-2012
The Fed continues to do the “Twist”, continuing the purchase of the long-term debt. This is being met with a bounce off the lows but some market players might be waiting for the afternoon forecast and press conference this afternoon. There was a red flag coming into the trading day, blue chip stock Procter & Gamble lowered Q4 guidance which not only pressured the stock, PG -3.38%, but has also put some concern on the Consumer Discretionary, XLY. For now need more … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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