{"id":34478,"date":"2015-07-10T12:02:39","date_gmt":"2015-07-10T16:02:39","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=34478"},"modified":"2015-07-10T12:02:39","modified_gmt":"2015-07-10T16:02:39","slug":"can-an-old-chinese-custom-save-greece","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/","title":{"rendered":"Can An Old Chinese Custom Save Greece?"},"content":{"rendered":"

It seems like this weekend is crunch time for Greece and the EU. At first I thought it was inevitable that Greece would exit the euro... Now I'm not so sure and it all has to do with Face.<\/p>\n

In Chinese culture, nothing is quite as important as the concept of Face. Face represents a person's reputation and feelings of prestige within multiple social circles, including the workplace, family, friends, and society. This perhaps is the one of the most difficult concepts for most Western societies to understand. <\/p>\n

<\/a><\/p>\n

Gaining and losing Face is serious business and could be why the EU and Greece may resort to a Face-saving solution. Greece will get what it needs (53 to 55 billion dollars) and the EU saves Face by keeping Greece in the euro zone. <\/p>\n

So in my opinion, the whole EU deal rests on Face and not on billions of dollars. We should see this tragic, comedy of errors play out this weekend and be settled. Certainly the markets would like that to be the case.<\/p>\n

Just talks of a solution was enough to rally the markets overnight and going into the weekend it's going to be very important to see where these markets close.<\/p>\n

In today's video, I will be looking at all of the major markets including the Dow<\/a>, NASDAQ<\/a> and S&P 500<\/a>. I will also look at the euro<\/a>, gold<\/a> and crude oil<\/a> along with 7 of my favorite stocks.<\/p>\n

Amazon.com Inc. (NASDAQ:AMZN)<\/a>
\nUnder Armour Inc. (NYSE:UA)<\/a>
\nFacebook Inc. (NASDAQ:FB)<\/a>
\nNetflix.com Inc. (NASDAQ:NFLX)<\/a>
\nStarbucks Corp.(NASDAQ:SBUX)<\/a>
\nebay Inc. (NASDAQ:EBAY)<\/a>
\nTeva Pharmaceutical Industries Limited (NYSE:TEVA)<\/a><\/p>\n

This past week has been a tumultuous one with big swings in all markets. Look for next week to be a little more settled, especially if the Greek \"Face-saving solution\" is implemented.<\/p>\n

Have a great weekend everyone.<\/p>\n

Every success with MarketClub,
\nAdam Hewison<\/a>
\nPresident, INO.com
\nCo-Creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"

It seems like this weekend is crunch time for Greece and the EU. At first I thought it was inevitable that Greece would exit the euro... Now I'm not so sure and it all has to do with Face. In Chinese culture, nothing is quite as important as the concept of Face. Face represents a […]<\/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":[6537,6667,7733,4257,7734,6046,7730,6846],"class_list":["post-34478","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-amazon-com-inc-nasdaqamzn","tag-ebay-inc-nasdaqebay","tag-facebook-inc-nysefb","tag-mid-day-report","tag-netflix-com-inc-nasdaqnflx","tag-starbucks-corp-nasdaqsbux","tag-teva-pharmaceutical-industries-limited-nyseteva","tag-under-armour-inc-nyseua"],"yoast_head":"\nCan An Old Chinese Custom Save Greece? - INO.com Trader'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\/07\/can-an-old-chinese-custom-save-greece\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can An Old Chinese Custom Save Greece? - INO.com Trader's Blog\" \/>\n<meta property=\"og:description\" content=\"It seems like this weekend is crunch time for Greece and the EU. At first I thought it was inevitable that Greece would exit the euro... Now I'm not so sure and it all has to do with Face. In Chinese culture, nothing is quite as important as the concept of Face. Face represents a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader's Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-10T16:02:39+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Can An Old Chinese Custom Save Greece?\",\"datePublished\":\"2015-07-10T16:02:39+00:00\",\"dateModified\":\"2015-07-10T16:02:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/\"},\"wordCount\":326,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"Amazon.com Inc. (NASDAQ:AMZN)\",\"eBay Inc. (NASDAQ:EBAY)\",\"Facebook Inc. (NYSE:FB)\",\"Mid-Day Report\",\"Netflix.com Inc. (NASDAQ:NFLX)\",\"Starbucks Corp. (NASDAQ:SBUX)\",\"Teva Pharmaceutical Industries Limited (NYSE:TEVA)\",\"Under Armour Inc. (NYSE:UA)\"],\"articleSection\":[\"Trading Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/\",\"url\":\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/\",\"name\":\"Can An Old Chinese Custom Save Greece? - INO.com Trader's Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"datePublished\":\"2015-07-10T16:02:39+00:00\",\"dateModified\":\"2015-07-10T16:02:39+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader's Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader's Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader's Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\",\"name\":\"The INO.com Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"caption\":\"The INO.com Team\"},\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can An Old Chinese Custom Save Greece? - INO.com Trader's Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/","og_locale":"en_US","og_type":"article","og_title":"Can An Old Chinese Custom Save Greece? - INO.com Trader's Blog","og_description":"It seems like this weekend is crunch time for Greece and the EU. At first I thought it was inevitable that Greece would exit the euro... Now I'm not so sure and it all has to do with Face. In Chinese culture, nothing is quite as important as the concept of Face. Face represents a […]","og_url":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/","og_site_name":"INO.com Trader's Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2015-07-10T16:02:39+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/#article","isPartOf":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"Can An Old Chinese Custom Save Greece?","datePublished":"2015-07-10T16:02:39+00:00","dateModified":"2015-07-10T16:02:39+00:00","mainEntityOfPage":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/"},"wordCount":326,"commentCount":4,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["Amazon.com Inc. (NASDAQ:AMZN)","eBay Inc. (NASDAQ:EBAY)","Facebook Inc. (NYSE:FB)","Mid-Day Report","Netflix.com Inc. (NASDAQ:NFLX)","Starbucks Corp. (NASDAQ:SBUX)","Teva Pharmaceutical Industries Limited (NYSE:TEVA)","Under Armour Inc. (NYSE:UA)"],"articleSection":["Trading Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/","url":"https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/","name":"Can An Old Chinese Custom Save Greece? - INO.com Trader's Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"datePublished":"2015-07-10T16:02:39+00:00","dateModified":"2015-07-10T16:02:39+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wwwtest.ino.com\/blog\/2015\/07\/can-an-old-chinese-custom-save-greece\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader's Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader's Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader's Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280","name":"The INO.com Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","caption":"The INO.com Team"},"url":"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/34478"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=34478"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/34478\/revisions"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=34478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=34478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=34478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}