Greece's Jell-O Leadership Brings Markets To Some Attractive Levels [View article]
Yes, I think the summit will help (We’re one good headline away from a 500 point move in the Dow) but Greece proved a deal is not a deal! I don’t feel a test of the 1075 area is coming…I do think a move down to 1180 is possible.
Enpassant, thanks for reading and great question! Yes, for the last 2-3 months, the Eurocurrency and the U.S. stock market have been moving together on a percentage basis. When the dollar goes down against the Euro it acts as a discounting mechanism for European fund managers, which influences the flow of capital.
Greece's Jell-O Leadership Brings Markets To Some Attractive Levels [View article]
Market Chaos Now, Opportunity Pending [View article]