Editor's Note:

The situation with Greece is quickly running out of time for a solution.

The Eurogroup meeting of finance ministers failed to reach any sort of resolution today. Greece's creditors rejected the country's debt restructuring proposal. The finance ministers will meet again on Thursday. The country only has six days left to get a deal done before it likely defaults on its 1.5 billion euro debt payment to the IMF on June 30th (next Tuesday).

The stock market faces potential headline risk as this stalemate continues. We are not adding any new trades tonight.

Here's a list of stocks that caught my interest as potential trading ideas. Some of these stocks may need to see a break past key support or resistance:

Bearish ideas: UTX, RTN, WYNN, HP, ETN, SNDK, QCOM, PSA, SPG, IYT, HSY, TCO,
(not listed are utility stocks, nearly all of the utilities look like bearish candidates).

Bullish ideas: GD, PLCE, STMP,