Good Morning,

As always, fundamentals first. So far today, not much economic data and definitely a quieter technical start as well. To get it out of the way, let's look ahead to next week's data: unemployment claims. Unless there are international surprises, it is a very, very quiet week data wise and remember, it is the week before Memorial Day...

Good Morning,

Finally, we have a bit of a bid to pairs crossed with the USD. But first, as always, fundamentals. June 16th is the "next day" we hear news out of Greece, but obviously things are tenuous in Europe and you must stay vigilant and trade appropriately given surprise announcements can happen at any time....

Good Morning,
A few charts to prepare you for tomorrow's "Trend Analysis Using Fibonacci's" webinar.  Additionally, here is a webinar recently recorded that used volatility (VIX) to build realistic trading plans. 
But before we get to the charts, let's digest today's fundamental data. Europe is Europe and doesn't seem to be affecting the markets any more than the economic data, except for the fact that it is putting continued pressure on the downtrending EUR/USD (see yesterday'...

Good Morning,

As I said last week, the markets can go lower, a lot lower. I admit, we didn't forecast (or need) JPM's debacle, but aside from that, economic news has been very poor as of late. Let's continue to watch economic news this week. For a preview, take a look at your economic calendar and focus on:

**Bernanke

**retail sales

**claims

**any other international announcements, especially interest rate talks

**earnings data...

Good Morning,

The "guru" of risk management Jamie Diamond hits us with a monster "mistake" that could filter through to the markets at some point, but for now, the support level at 1350 in SPX is still in tact.

Fundamentally, inflation was "tame" today, but as we all know, that number is a non-event as the Federal Reserve doesn't care what it is. Next week is a very, very light week on the calendar. We do have retail sales and claims in addition to a smattering of earnings reports. Other than that, keep your ear to the wires for international announcements....