I'm just gonna post some headlines and let you decipher them for yourself. You tell me how things are going with the EU situation.
S&P 500 Extends Best Month Since ’74, Euro Rises - Bloomberg
Europe Looks to IMF, China for Rescue-Fund Cash - Bloomberg
German Constitutional Court Halts EFSF Approval, Issues Temporary Injunction On Further Bailout Decisions | ZeroHedge
Italian 10 Year Bond Auction Prices At Record, Over 6% | ZeroHedge
Euro Gyrates On Fitch Announcement Greek 50% Haircut To Be An Event Of Default | ZeroHedge
And the best post of all -
Mish's Global Economic Trend Analysis: Credit Default Swaps Useless as Hedge Against Default; CDS on Greece a Purposeful Sham; Derivatives King Always Wins
Daily SPX - We may get some pullback today as this run is more than tired and overbought. Still have end of month and a weekend full of potential rumors to get thru. Next month will be interesting. Most know I have been looking to a November swoon for some time now.
Minis /es 1m -
Have a great weekend.
GL and GB.