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More Two Way Market Action

|Includes:AAPL, DBA, DBC, EEM, EFA, EPI, EWC, EWG, EWI, EWP, EWZ, FXE, FXI, GDX, GLD, GOOG, HYG, IBM, IEF, ITB, IWM, IYR, JJC, JPM, QQQ, RSX, SLV, SOXX, SPDR S&P 500 Trust ETF (SPY), TLT, UGA, USO, UUP, WFC, XLB, XLE, XLF, XLI, XLK, XLY

Greece is at a political impasse (as if you care now). Spain saw most bank stocks getting trashed (Bank Santander down 6%) while sovereign debt exceeded 6% for the first time since November 2011-and that wasn't a great period. Moody's is set to cut ratings on over 100 banks but recently most investors don't seem to regard credit ratings with much concern. (Well, they did shoot themselves in the foot right?)

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Stocks: SPY, IWM, QQQ, AAPL, IBM, GOOG, SOXX, XLK, WFC, JPM, XLF, XLY, XLB, IYR, ITB, XLI, IEF, TLT, HYG, UUP, FXE, GLD, GDX, SLV, JJC, DBC, USO, UGA, XLE, DBA, EFA, EEM, EWP, EWI, EWG, EWC, EWZ, RSX, EPI, FXI