[su_spoiler title=”Monday-Wednesday’s Action: Stocks Plunge On Greek Woes” style=”fancy”] Stocks fell hard across the globe on Monday after Greece said it will default on its debt and shut its banking system for the week. Over the weekend, Greece said they will impose capital controls – which means they are closing their banks for the week,…
[su_spoiler title=”Monday-Wed Action: Stocks Rally On Greek Proposal” style=”fancy”] Stocks rallied nicely on Monday after Greece submitted a new proposal to its creditors. Germany’s Finance Minister Wolfgang Schaeuble said he does not see anything new in the proposal which quickly curbed the market’s enthusiasm. Meanwhile, economic data and M&A activity continued to help markets. Existing…
[su_spoiler title=”Monday-Wednesday’s Action: Buyers Bought The Dip” style=”fancy”] Stocks fell on Monday after Greece failed to reach a deal over the weekend. We would be remiss not to note that European stock markets fell but the euro rallied on Monday. The European Central Bank President Mario Draghi allayed concerns when he said the ECB would…
[su_spoiler title=”Monday-Wednesday’s Action: Buyers Showed Up On Wed” style=”fancy”] Stocks slid on Monday as investors waited for Apple’s latest developer conference. The tech giant announced a few new changes and items to their roster, namely Apple Music which allows people to stream their music. U.S. stocks edged lower after Friday’s jobs report topped estimates which…