But Europe can easily gap down tomorrow -- which means the US can easily trade down for the rest of the day and close at lows. Does anyone really want to hold longs to see what happens to Greece? Even if not a repeat of 2011, it is surely good for -1% or -2%?
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
But Europe can easily gap down tomorrow -- which means the US can easily trade down for the rest of the day and close at lows. Does anyone really want to hold longs to see what happens to Greece? Even if not a repeat of 2011, it is surely good for -1% or -2%?
1-2% is a nothing correction now a days, especially after 175%+ worth of gain in 6 years!
wallstreet will cry over a 1% correction but in reality its a worthless correction when you have stocks up hundreds and thousands of percent in only 6 years.....no worries in this market.
See....at the highs of the day...haha...told ya so.
Well what do you know, Greece asking for an extension.....if the market didn't sell off today on no deal, an extension should boost the markets at least 2-3% this week alone....
But I still ask myself every single day, WHERE ARE THE FREE MARKETS!!!!!!!!!!!!
Greece will ask for bailout extension on Wednesday: Reuters, citing source
CNBC.com staff | @cnbc
16 Mins AgoBreaking News
7
SHARES
Greece will ask for an extension of its loan agreement tomorrow, Reuters and Dow Jones reported, citing sources.
But I still ask myself every single day, WHERE ARE THE FREE MARKETS!!!!!!!!!!!!
Greece will ask for bailout extension on Wednesday: Reuters, citing source
CNBC.com staff | @cnbc
16 Mins AgoBreaking News
7
SHARES
Greece will ask for an extension of its loan agreement tomorrow, Reuters and Dow Jones reported, citing sources.
Chinese startup gave away teslas as year end bonuses....
its like the dot com world all over again...
http://www.cnbc.com/id/102431186
its like the dot com world all over again...
http://www.cnbc.com/id/102431186
Nothing like a new high on lightest volume YTD.
ZER00000000000000
RISK
Investors will also be looking ahead to Wednesday, which brings the minutes from the Federal Open Market Committee's most recent policy-setting meeting.
With "Fed minutes tomorrow and other economic data, (we're) poised to move even higher in the days ahead," said Peter Cardillo, chief market economist at Rockwell Global Capital.
RISK
Investors will also be looking ahead to Wednesday, which brings the minutes from the Federal Open Market Committee's most recent policy-setting meeting.
With "Fed minutes tomorrow and other economic data, (we're) poised to move even higher in the days ahead," said Peter Cardillo, chief market economist at Rockwell Global Capital.