Greece circling the drain

It finally happened, there were rumors and then those rumors were discounted as just exaggerations and lies. The guys who has purchased the CDS positions on Greek debt long ago were sitting patiently and today it is paying off as the debt got cut to junk and spreads again rose into record territory.

Kudos to those who saw it coming early. Of course that didn't do anything real positive for the markets today.

DJIA 10,991.99 -213.04

NASDAQ 2,471.47 -51.48

SP500 1,183.71 -28.34

fast and furious

Outta town last Friday, keeping busy, very busy though. Markets idle but things are ramping around here. Myriad opps on multi fronts, hard to keep it all prioritized and focused. Markets chug upward, pausing here and there before moving higher. Even oil and gold although selling off recently are still within earshot of recent highs. Healthcare has taken a breather and the volcano is stealing all the headlines. Even a recent vix pop wasn't enough to get a reaction as it is now moving back towards its lows.

Back for more on Friday.

big break

Spring break, winter break, quarter-end break, throw in good friday and easter and you got lots going on. The market continues to trend up.

Busy with marketing, research and admin stuff. Keep it rolling.