15 June 2015

SP 500 and NDX Futures Daily Charts - Roadhouse Blues


We saw a little flight to safety in the metals today, and a slump in equities that was overcome after the European markets closed.

This was all about concerns with a Greek default, and the weakness of the global banking system, and the not-very-exceptional weakness in the American economy.

Keep your eyes on the road and your hands on the wheel, as the song says.

Have a pleasant evening.