Stock Market update -Jun 14th

The market was mostly unchanged this week, though not without its ups and downs. Bonds continued to drop. We're below the 50MA, though the line is still sloping up. We'll just have to wait and see where it goes next. Meanwhile, if you're an Options trader, continue to sell premium on both sides of the market, what little there is.

Next week is June Options expiration (quarterly too), so we could see the market hold on to the highs. We also have a Fed meeting, though no surprises are expected. And of course, the Greece saga continues.

New all time highs:     AMBA, ANN, DATA, DG, IMAX, JD, MIC, NTES, SEE, SKX
All time lows:  
Pops    CTXS,      Drops:   HOV
Mergers/Deals:  

Next week:  Economic reports,   Fed Meeting

Earnings:     FDX, ORCL

This week's charts:

S&P 500 -below the 50MA
10yr Interest Rates -rising
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was up a bit, closing at $2.76

Crude Oil was down a bit, closing near $59.94

Gold was down a bit, closing near $1180 -holding below $1200

The 30 year Bond dropped, closing near 150.34

The US Dollar was down a bit, closing at 94.92

NEWS:

Stocks close lower, with Dow off more than 100 points as Greece weighs
Netflix (NFLX) Shorts Cry Uncle
Netflix (NFLX) and Other Three-Year Winners
The most heavily shorted stock could keep rallying
The sleeping giant of the solar industry: Florida

175 Quadrillion Zimbabwean Dollars Are Now Worth $5
Is Greece at risk of becoming the next Zimbabwe?