Markets well off its lows, now at the highs of the session.....Just in time for lunch crowd.
These are the headlines taken right from cnbc moments ago!!!!
One says no bailout deal reached as of yet and on the same page below it reads Greece strikes Deal!!
GREK is up 5%
Greek govt. spokesman: No bailout deal reached as yet
EUROPE NEWS
Eurogroup, Greece strike deal to extend bailout: Reuters, citing Greek official
CNBC.com staff | @cnbc
4 Mins Ago
I won't be official until the cash market closes today. More likely Sunday. SP500 index futures will gap up and all next week will be rally to SP 2200....Im all in, backed up the truck.
Whats going on, I held 1/2 XIV and ERX for a reason thought we would see another rally going into the weekend, now the dow is back below 18k and the s$P is back down below its highs,
This is some scary stuff, there can't be a selloff going into the weekend, this will put many people on edge! Glad I sold 1/2 XIV yesterday, whewwwww
Not worried I have a feeling everything will be bright green by mid day!
As Im writing this the dow is only down 77 points, was down over 100, there is still hope for a huge rally!
When markets are in this state of euphoria everyone believes stocks have zero downside that stocks only go up. I remember this back in 2006,2007 leading into the top. I remember every analyst on cnbc saying buy, everyone had these large price targets, nobody predicted the collapse.
Same thing now
Dow was down 100 this morning, now up 100.....do you think its even possible that the dow can lose those 100 points just like it gained those 100 points? HAHAH
Nahhh, this market is going to surge right into the close, no such thing as down on wall street, remember that folks!
This will be so easy a cave man can do it.