Monday, June 1, 2015

Morning Charts 06/041/2015 SPX /es

Greece - it's all about Greece right now. Just go read all the headlines at Zero Hedge for all the latest - they are all over the place. From billions owed to bank runs to administrative overthrow (feds need a yes man in place), this is a total mess. I've been harping on Greece for a couple of months now, I don't expect this will stop anytime soon.

On to the lie - 

SPX Daily - Nothing looks positive here. Has not for a month. Then again, as we all know, looks can be deceiving. 

SPX 60m

Freedom watch - 

This is good - yes, the rare occurrence of STB reporting good news is happening - Senate takes up House bill but fails to avoid spying lapse.

"But that move didn't happen soon enough to prevent expiration of legal authority for the programs from expiring at midnight Sunday as Republican Sen. Rand Paul, a presidential contender, stood in the way of extending the program, angering his GOP colleagues and frustrating intelligence and law enforcement officials."
I also suggest you read - There Is A Disturbing Anti-Freedom Trend Sweeping Across The West.

And they are coming for our guns again - Obama’s Justice Dept. is proposing new firearm regulations, including more restrictions on gun ownership

“It’s clear President Obama is beginning his final assault on our Second Amendment rights by forcing his anti-gun agenda on honest law-abiding citizens through executive force,” Luke O’Dell, the vice president of political affairs at the National Association for Gun Rights, told The Hill.

More to come below. 

Have a good week. 

GL and GB!

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