About a half hour before the cash open today, ES futures were ready to gap up about 8 points. By the close we were down 6 points. The good news? We closed up 3 points off the lows! So much for Turnaround Tuesday.
The morning and early afternoon showed some promise after a decent Retail Sales and CPI numbers…and a blowout Empire State Manufacturing Index and Homebuilder Sentiment. But worries about the Euro and Greece kept the markets subdued and dropping in the laye session. Oh well, Greece is the word!
Related articles
- Greece Should Be Given Hope From the Rest of Europe (trenhoteleuropa.wordpress.com)
- Overheard on CNN.com: Readers debate Greece’s financial savvy, role in Eurozone (news.blogs.cnn.com)
- Greece: More questions over euro as government talks drag on – euronews (euronews.com)
- If Greece has to leave the euro, it will be because of the reckless decision to bail it out in the first place (blogs.telegraph.co.uk)






Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....


