Asian indexes are mixed which is a regular pattern in recent
days. The SSEC gains +0.5% as traders continue to believe the PBOC will provide
more easy money to goose stock prices higher. The KOSPI gains +0.5% reversing four
days of softness. NIKK -0.3%. SPASX200 -0.5%. The Hang Seng Index loses -0.9%.
China’s top brokerage Citic Securities trades down
[Text is Redacted: Purchase February 2015-02 to Read the Complete Chronology]
bread is going stale at Panera after the company lowers guidance for this year. PNRA is crushed -9%. SpaceX successfully launches a rocket into space; Elon Musk will be happy as he prepares to begin the Tesla conference call.
[Text is Redacted: Purchase February 2015-02 to Read the Complete Chronology]
bread is going stale at Panera after the company lowers guidance for this year. PNRA is crushed -9%. SpaceX successfully launches a rocket into space; Elon Musk will be happy as he prepares to begin the Tesla conference call.
At 6:17 PM EST, US futures retreat after Eurogroup’s Jeroen Dijsselbloem throws cold water on the Greece happy talk. Dijsselbloem says there is no deal and talks will continue on Monday. Greece FM Varoufakis parrots the Eurogroup comments saying an agreement could be reached early next week. S&P futures are +4 losing eight handles in a heartbeat. Dow +30. Nasdaq +6.
At 7 PM, S&P +1. Dow +12. Nasdaq +2. What the Greece
happy talk giveth the Greece sad talk taketh away. Futures perform a round trip
with the S&P futures gaining +12 on the happy talk and then losing it all
on the sad talk. The Greece bailout drama continues.
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