The Greek Market is the Story Today

Forget about the Spanish 10 year bond hitting record highs today at 7%. Forget about the weekly jobless claims numbers, which rose more then expected. Forget about the CPI which dropped the most in 3 1/2 years. The story today is Greece, and it's impending exit from the Euro. The odds of that happening have increased over the past few months, and this weekends Greek election could go a long way in deciding it's fate.

Just like we wrote about last night, markets are an amazing pricing mechanism. And right now, the Greek market is telling us the vote this weekend will be favorable.

We will have more again tonight, but definitely the story to watch today.

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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