Global markets weather a wild week

After weeks of trading in a narrow range, world markets broke to the downside. The culprit was once again Greece. Now investors must wait until this Sunday to discover if there is more selling ahead. Last weekend’s move by Prime Minister Alexis Tsipras of Greece to...

Second quarter earnings on deck

  Next week we get to do it all over again. The second quarter ends in three days and investors will begin to focus on company results once again. The first quarter was nothing to write home about and the second quarter may be more of the same. The final revision...

From Russia with love

  The newest wrinkle in the Greek debt crisis occurred this week when Greek officials met with Vladimir Putin to discuss a gas pipeline extension as well as the possibility of lending the cash-strapped nation additional funds. Deliberate leaks to the press during...

Don’t try to trade this market

  Nothing really changed this week. The S&P 500 Index is up about one point from last Friday’s close. It makes little sense to try and trade this market unless you are nimble and spend eight hours a day making small gains and getting out before the end of the...

All the action is overseas

About the only thing interesting that happened to the stock market this week was Memorial Day and the markets were closed for that. Overseas, now that was a different story. Greece, the longest playing political/financial drama in modern history, is still hanging...

Another record high

  This off again, on again market continues to grind higher, if only by a few points, but it is the direction that counts. This week it was the S&P 500 Index’s turn to chalk up another record gain. And so it goes. If you recall last week, we were at the...