And the good news is…
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…
European Disunion: For Two Rivals in Greek Crisis, It’s Personal
Source: http://www.bloomberg.com/news/features/2015-06-17/greek-debt-crisis-varoufakis-sch-uble-war-over-europe-s-future
The Fed’s Dot Plot Charts: What Are They?
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
Five Years of Greek Misery Laid Bare in Five Depressing Charts
http://www.bloomberg.com/news/articles/2015-06-18/five-years-of-greek-misery-laid-bare-in-five-depressing-charts
Blow Up the Tax Code and Start Over
Source: http://www.wsj.com/articles/blow-up-the-tax-code-and-start-over-1434582592?mod=trending_now_1
Behind Chicago’s Rift With Moody’s
Source: http://www.wsj.com/articles/behind-chicagos-rift-with-moodys-raters-tough-new-stance-1434644817
Required Reading of The Day
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 Of The Day: Biotechs Breakout…
Chart Courtesy of StockCharts.com
Jeter’s First Tech Investment Is Cyber-Bullying Deterrent
Source: http://www.bloomberg.com/news/articles/2015-06-18/jeter-s-first-tech-investment-is-cyber-bullying-prevention-app