Greek Prime Minister Lucas Papademos is negotiating with other Greek politicians to accept a draft deal that could restructure Greek debt and stave off default.
EU leaders have been in heavy talks with Greece officials on accepting deeper austerity cuts and providing more assurances before receiving more aid. But is it too little, too late?
The bull market is not done. The VIX is too low and investors aren't worried about Greek default. How much higher can it go? This article links to a free webinar explaining the possibilities.
Wall Street moved mildly higher today as the passage of several Greek austerity bills helped to ease the market's concern of a default. The S&P 500 will try to overcome a key level.
A controlled default by Greece of a forced solution that will have its casualties will free up global investors to buy and corporate leaders to make decisions.
The euro swung from plus to minute this morning, suggesting a possibility of a new uncertainty. Look for the DJIA to trade in the range of 12,800 - 12,935.