{"id":34331,"date":"2015-06-29T13:04:35","date_gmt":"2015-06-29T17:04:35","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=34331"},"modified":"2015-06-29T13:04:35","modified_gmt":"2015-06-29T17:04:35","slug":"greece-is-not-a-black-swan-event","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2015\/06\/greece-is-not-a-black-swan-event\/","title":{"rendered":"Greece Is Not A Black Swan Event"},"content":{"rendered":"<p>It seems like this never-ending, ongoing Greek tragedy is like an Energizer battery as it just keeps going and going and going.<\/p>\n<p>In order for something to qualify as a \"black swan event\", it has to come out of the blue and be a total surprise to the market. Certainly, Greece cannot claim to have just happened or come out of the blue. It seems like this train wreck of a country has been going on forever without a resolution. The fact that the markets are only down a bit as of this writing and have the potential to close unchanged indicates that most of the US equity markets have already discounted the \"Greek Effect\".<\/p>\n<p><a href=\"http:\/\/club.ino.com\/join\/videos\/latest\/?vidid=club-mc_update_6292015&mkt=freetrial-blog1pm0629\"><img loading=\"lazy\" decoding=\"async\" src=\"\/img\/sites\/ino\/email\/6664.jpg\" width=\"637\" height=\"359\" class=\"aligncenter\" \/><\/a><\/p>\n<p>Today I will be looking at all the major indices and commenting on what has taken place.<!--more--><\/p>\n<p><a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/FOREX_XAUUSDO\/?mktcode=tradersblogsymbols\" target=\"_blank\"><strong>Gold<\/strong><\/a> continues to sputter, but shows really no signs of life even in the face of major financial turmoil.<\/p>\n<p><a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_CL.Q15.E\/?mktcode=tradersblogsymbols\" target=\"_blank\"><strong>Crude oil<\/strong><\/a> on the other hand, dropped early and did flash a weekly red Trade Triangle. However, we are very close to some major lows which could offer support and put crude oil in a broad trading range.<\/p>\n<p>The <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/FOREX_EURUSD\/?mktcode=tradersblogsymbols\" target=\"_blank\"><strong>Euro<\/strong><\/a>, which got slammed over the weekend, has made a remarkable recovery and is now higher on the day. Go figure.<\/p>\n<p>So as you can see, there's lots going on as individual traders and institutions are trying to make some sense of Greece.<\/p>\n<p>This week promises to be a very interesting week and I'd love to hear your thoughts on what's going on.<\/p>\n<p>Every success with MarketClub,<br \/>\n<a href=\"http:\/\/www.ino.com\/blog\/about-adam-hewison\/\" target=\"_blank\">Adam Hewison<\/a><br \/>\nPresident, INO.com<br \/>\nCo-Creator, MarketClub<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>It seems like this never-ending, ongoing Greek tragedy is like an Energizer battery as it just keeps going and going and going. In order for something to qualify as a \"black swan event\", it has to come out of the blue and be a total surprise to the market. Certainly, Greece cannot claim to have [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[7719,7065,1069,5519,3229,4257],"class_list":["post-34331","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-crude-oil-nymexcl-q15-e","tag-eurusd-forexeurusd","tag-euro","tag-gold-forexxauusdo","tag-greece","tag-mid-day-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Greece Is Not A Black Swan Event - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wwwtest.ino.com\/blog\/2015\/06\/greece-is-not-a-black-swan-event\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greece Is Not A Black Swan Event - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"It seems like this never-ending, ongoing Greek tragedy is like an Energizer battery as it just keeps going and going and going. In order for something to qualify as a &quot;black swan event&quot;, it has to come out of the blue and be a total surprise to the market. 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