Sorry for the lack of updates this morning, I’ve been trading up a storm since the open (more sells than buys) and catching up on a full day’s worth of paperwork torture in between. The big stories of the day are as follow:
S&P 500 breaks 1200 to the upside…just like it’s done in both directions a million times since the late 90’s.
Someone in Slovakia said something about voting for something to do with Greek whatever and bonds and stuff.
Harrisburg PA just filed for bankruptcy thanks to an ill-fated garbage-to-energy project that sounded really good in 2007. Green tech/ clean energy is just an absolute disaster from coast to coast thus far, have a look at the solar stocks lately, unbelievable how much money is being incinerated.
The new Volcker Rule proposal is so harsh it may force Goldman Sachs to drop that bank holding company status.
I’d provide links to these stories but really, who cares… None of them are moving the markets, which are being guided higher by the celestial beings themselves in all opposition of the crumbling economy around us.
Anyway, that’s all I got for now, I’m on the Fast Money Halftime Report today on CNBC at 12:30 so I’ll see ya there.