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Markets are tumbling.
Self

Posted on 07/06/2015 3:15:17 AM PDT by LukeL

Dow Futures are already down 125, Oil down 4.4%, Platinum down over $20.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: greece; nicelink; oil; stockmarket
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Any thoughts about what's going to happen after the opening bell?
1 posted on 07/06/2015 3:15:17 AM PDT by LukeL
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To: LukeL

Dow +100 at the closing bell.


2 posted on 07/06/2015 3:17:11 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: LukeL

China’s market up 2.5 %, was up 8% on new China “fixes.”


3 posted on 07/06/2015 3:20:21 AM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
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To: LukeL

The only Greek commodity I want is gyros.


4 posted on 07/06/2015 3:20:38 AM PDT by iowamark (I must study politics and war that my sons may have liberty to study mathematics and philosophy)
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To: LukeL

Futures on the three US equity markets down less than 1% each.

Yawn.


5 posted on 07/06/2015 3:21:53 AM PDT by 9YearLurker
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To: 9YearLurker

Oil is down $2.54, that is about a 5% drop.


6 posted on 07/06/2015 3:34:32 AM PDT by LukeL
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To: LukeL
Nothing as US cruises along about Zero percent interest rates and you can print all the money you want
7 posted on 07/06/2015 3:44:25 AM PDT by scooby321
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To: LukeL

They actually climbed 50 points to only be down 125 now. Logic says they should go down but it’s a toss up as to whether they end up or down by anywhere from 20 - 300 points. Real Bizzaro world these days.


8 posted on 07/06/2015 3:49:18 AM PDT by trebb (Where in the the hell has my country gone?)
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To: iowamark

Feta?


9 posted on 07/06/2015 3:54:22 AM PDT by nickcarraway
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To: LukeL

But that’s a good development.


10 posted on 07/06/2015 3:58:26 AM PDT by 9YearLurker
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To: LukeL

Severe Weather Alert = 15 minute thunderstorm.

More Hyperbole.


11 posted on 07/06/2015 4:02:29 AM PDT by P.O.E. (Pray for America)
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To: LukeL

It’s not as bloody as I thought it might be....


12 posted on 07/06/2015 4:05:00 AM PDT by C. Edmund Wright
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To: trebb
logic says....

Logic says a lot of things that aren't happening

13 posted on 07/06/2015 4:06:30 AM PDT by grania
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To: LukeL
Oil is down $2.54, that is about a 5% drop.

Obviously the Greek exit is seen as deflationary. Stock markets and oil and gold/silver deflate. By proxy the USD increases in value relative to everything else. Behold the Obama/Fderale Reserve SUPER DOLLAR!

14 posted on 07/06/2015 4:07:16 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: LukeL

Large speculators, who can get vast amounts of money for nothing thanks to central banks, will continue to speculate on whatever they think will happen today, or in the next fraction of a minute....

Longer term trend followers will nervously seek the next emerging segment rotations. And those more concerned with return of capital than return on capital will look for a place of safety to escape systemic risk and exposure to unknown or unreliable counter parties.

I am in the latter group.


15 posted on 07/06/2015 4:15:57 AM PDT by JustTheTruth
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To: LukeL

Well, it looks like everyone is expecting the EU and the ECB to blink and keep Greece in the EU.

Personally, I would love for the EU to go tits up, even if I lose some money.


16 posted on 07/06/2015 4:18:04 AM PDT by Joe Miner
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To: LukeL

Buy the dip


17 posted on 07/06/2015 4:21:30 AM PDT by WriteOn (Truth)
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To: LukeL

I believe the PPT (Plunge Protection Team) will be in its full glory today.

What is supposed to be down will be up and what is supposed to be up will be up. The PPT will ensure that.

All of us who were involved with investments in the stock market back in the late 1990’s and early 2000’s remember the PPT very well. No matter how bad the market was during the day it ALWAYS zoomed up within the last 30 minutes of trading.


18 posted on 07/06/2015 4:24:38 AM PDT by DH (Once the tainted finger of government touches anything the rot begins)
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To: iowamark
The only Greek commodity I want is gyros.Along with spanakopita an baklava.
19 posted on 07/06/2015 4:29:12 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: WriteOn
Buy the dip


20 posted on 07/06/2015 4:32:27 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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