Weekend Thread

SPY Daily Chart (4PM)

We had a green week and moved from the bottom to the top of the box.  Volume on Friday was below average but the close was strong (and at 4:10 it's still climbing.)

In my opinion the headlines (and rumors) from Europe are driving U.S. equities.  It's still another week before the Greek elections and I hear the lady wants a rematch with the jerk that punched her.  Could be a pay-per-view steel cage event with the proceeds going to buy baklava for all.

If it weren't for FB we'd likely be more focused on Spain but all the talking heads seem to scream about how badly everything went and point fingers everywhere.  We're short on adults ... as usual.