Random Thoughts: Catalysts Abound Heading Into the Holiday

By Todd Harrison  JUL 03, 2013 10:57 AM

Banks, oil, Greece, Portugal, China, Brazil, and jobs jockey for attention.


Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter.
The half-day hump is upon us heading into tomorrow's holiday celebration, and while the world is particularly tenuous, stateside stocks have thus far shrugged their shoulders, thank you very much. 

Above and beyond the overseas catalysts we fingered yesterdayEgypt and Greece, among others—there are a slew of fresh concerns for investors to digest, including but not limited to:

I continue to trade around my current bias, updated in real-time each day on the Buzz; click here for a free two-week trial. All the while, I am reminding myself that discipline must always trump conviction. 

Good luck today, and keep an eye on S&P 1600; if it breaks, it morphs back into resistance and all four resistance levels in the danger zone will again be overhead.

Random Thoughts:

Twitter: @todd_harrison

Position in SPY.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

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