Joe Cusick

Joe Cusick

Joseph Cusick is the Senior Vice President of Education and Senior Market Analyst for OptionsXpress. He and his team are responsible for creating education through in-house initiatives and third party partnerships. Joseph also seeks out technologically scalable educational pathways for self-directed investors of all experience levels, and has ramped up delivery of online and offline seminars to clients worldwide. Prior to serving in his current role, Mr. Cusick immersed himself in the broker side of optionsXpress by managing his own book of business. Prior to joining optionsXpress, Mr. Cusick served as a market marker at the Chicago Board of Options Exchange and portfolio manager. Joseph is a graduate of Marquette University and holds his Series 4, 7 and 63 licenses with the NASD.

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Traders Bias Tested Into the Close

Market action has turned mixed in afternoon trading Tuesday.  After moving modestly lower at the open, market averages were higher midday on the heels of an in-line report on Consumer Confidence, which was to 79.7 for September, from 81.8 the month before. Treasury bonds ticked higher and the yield on the ten-year is down to […]

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Crude Cracks

Stock market averages moved higher through midday and are holding near session highs heading into the final half hour of trading Monday.  Strength across Asia’s equity markets, including a 2.5 percent rally in Japan, helped set the table for a steady open on Wall Street after a report showed China export growth of 7.2 percent […]

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Squeeze Ahead

Stock market averages finished with gains on a relatively slow day of trading Wednesday. Ford Motor (F) rallied 3.5 percent and seemed to help bolster investor sentiment after the automaker reported a 12.2 percent increase in August sales and also announced plans to boost production. Intel (INTC) advanced 2.6 percent and was the best gainer […]

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Is this the Best the Bulls Got?

Stock market averages edged higher through midday, but gave up most of the gains in afternoon trading Thursday. Economic data was in focus early after a report showed Gross Domestic Product improving at a 2.5 percent annual rate in the second quarter. Economists were expecting to see more tepid growth of 2.1 percent. Separately, Jobless […]

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Cusick’s Corner: Stocks Wobble on Worry

Stock market averages gave up modest midday gains and finished with losses Monday. Trading was a bit cautious early after European markets moved mostly lower to start the week and the only domestic economic stat of the day showed Durable Goods down 7.3 percent for July, which was worse than the -5 percent that was […]

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Choppy Waters

Cusick’s Corner Market action remains mixed late-Wednesday, as investors digest a barrage of quarterly earnings reports. The only economic stat of the day showed New Home Sales improving to an annual rate of 497,000 for June, which was up from 459,000 the month before and better than the 483,000 that was expected. Meanwhile, Apple (AAPL) […]

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Energy and Finance Lead

Stock market averages moved higher through midday and trading is now mixed heading into the closing bell Thursday. United Healthcare (UNH) is up 6 percent and the best gainer in the Dow Jones Industrial Average on the heels of its profit report. IBM is also up on earnings and helping the Dow forge new record […]

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S&P 500 and Dow Industrials Closed at Record Highs

Cusick’s Corner Stock market averages rallied at the open and are building on the gains in afternoon action Thursday. Soothing comments from Ben Bernanke yesterday afternoon seemed to help set the tone for steady trading early in the day. The head of the Federal Reserve said that “highly accommodative policy for the foreseeable future is […]

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European Concerns Inject Uncertainty but Equities Maintain Gains

Cusick’s Corner Stock market averages have erased early losses and are holding modest gains heading into the final hour of trading Wednesday. The underlying tone was cautious early after European markets moved broadly lower amid uncertain political elections in Portugal. There seem to be growing concerns that a political shake-up might thwart bailout efforts for […]

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Strength in Overseas Markets Helped Set Today’s Tone

Cusick’s Corner Stock market averages moved higher through midday and extended the gains in afternoon action Wednesday. Strength in overseas markets, including a 2.4 percent rally in Hong Kong and a 2.1 percent advance in France, seemed to help set the tone for steady trading at the open. On the domestic economic news front, a […]

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No Specific Catalysts for the Whippy Trading

Cusick’s Corner Stocks struggled to find direction and market averages finished mixed Monday. News that Standard &Poor’s upgraded Unites States’ credit rating to Stable, along with a 4.9 percent rally in Japan overnight, seemed to help set the tone for positive trading at the open. However, the Dow and NASDAQ both fell into the red […]

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Dow Closes at Record High – Again

Cusick’s Corner 5.28.13 Strength across most of Asia and Europe’s equity markets helped set the table for a strong open on Wall Street after a three-day Memorial Day weekend. Then, the advance gained steam mid-morning after the Conference Board reported that an index of Consumer Confidence jumped to 76.2 for May, from 68.1 a month […]

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Melt-Up Continues

Cusick’s Corner 5.15.13 Stock market averages finished with gains after a day of whippy trading Wednesday. The economic news was mostly disappointing after the NY Manufacturing Index for May slipped to -1.4, from 3.1 and below expectations of 3.5. The Producer Price Index [PPI] was down .7 percent in April and more than the -.5 […]