Leaps Trader Commentary
11:43:01 PM EDT |
Greeks Vote No!
Stocks ended the month of June with losses thanks to Greece. After the sell-off last Monday the market spent the rest of the week in a wait-and-see mode ahead of the July 5th referendum in Greece.
11:42:49 PM EDT |
Where Does The Knife Fall Next?
After five years of crisis management, two bailout programs, and over 240 billion euros in bailout funds, Greece has finally defaulted on its debt.
11:42:55 PM EDT |
It Could Have Been Worse
Monday, June 29th, was the market's worst day of the year (so far). Stocks spent the rest of the week churning sideways. We did not see any of our trades get stopped out.
11:42:52 PM EDT |
The American stock market did not see much follow through after last Monday's big sell-off. Everyone was waiting to see the results of Greece's referendum vote. The final result was a "no" vote, which could generate another wave of volatility in the equity and bond markets.
11:42:46 PM EDT |
A Holding Pattern
Most of our watch list candidates are still consolidating sideways. They appear to be in a holding pattern until the market makes up its mind on what direction it plans to move.