FYI:Wednesday’s main event was negotiations between Greece and its international creditors. Nothing was resolved during market hours, so it follows that the S&P 500 finished the session virtually unchanged on low volume. One trader likened the market to a “broken record” insofar as it remains largely stuck between recent highs and lows. The yield on benchmark 10-year Treasury bonds fell for the first time in seven sessions on stronger demand. Oil’s rally is losing steam, dropping back beneath $50 a barrel. Gold fell again as the prospect for higher rates makes the haven asset look less appealing.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/02/11/etf-market-vital-signs-feb-11-for-greece-a-bridge-loan-too-far/tab/print/
