Good: The major indices continue acting well The Fed didn’t raise rates The Philly Fed Index rose to 15.2, beating estimates for 8.0. The National Association of Home Builders (NAHB) housing market index rose to 59, beating estimates for 56. It was the highest reading since last September as buyers rush to lock in low…
BIOTECHS on breakout here. We have told you this is the most important group to the market right now as it is the RISK ON group. The NASDAQ edges out to all time highs. FINANCIALS continue to have the relative bid. The SEMIS held the 50 day average nicely. Regardless of all the bearish areas…
Source: http://www.bloomberg.com/news/features/2015-06-17/greek-debt-crisis-varoufakis-sch-uble-war-over-europe-s-future
We are depending on people who are looking at dots??? Source: http://www.bloomberg.com/news/videos/2015-06-18/each-dot-represents-an-economist-s-forecast-ellenberg
http://www.bloomberg.com/news/articles/2015-06-18/five-years-of-greek-misery-laid-bare-in-five-depressing-charts
Source: http://www.wsj.com/articles/blow-up-the-tax-code-and-start-over-1434582592?mod=trending_now_1
Source: http://www.wsj.com/articles/behind-chicagos-rift-with-moodys-raters-tough-new-stance-1434644817
Church Shooting Suspect Dylann Roof Caught – WSJ EU Calls Emergency Summit as Greece Runs Out of Time – Bloomberg Nasdaq Composite Hits Intraday Record As Stocks Soar – WSJ House Passes Fast-Track Trade Bill; Senate Outcome Uncertain -WSJ Top FAA Official Says ‘Not My Problem’ – Fox Business IRS Raking It In Despite Budget…
Chart Courtesy of StockCharts.com
