Neville Chamberlain Remerges

I'm sure many don't know who Neville Chamberlain was.  He was the leader of England who thought he had made a deal with Hitler to prevent World War 2.  Of course all the deal did was convince Hitler that his enemies were weak which led to the beginning of World War 2.  77 years later here we are as now Obama despite the misgivings of many has made a deal with Iran.  I expect this deal will eventually lead to major problems in the Middle East at some point.     

Leader of Greece Worse than Benedict Arnold

What happened in Greece the past week is equivalent to having a Presidential Election in which one candidate gets 60% of the vote but then is told he isn't President.   The Greek people said no to a bailout by Europe just a week ago with 61% voting No.  Then on Sunday their leader who encouraged them to vote no turns around and agrees to a worse proposal than what was voted on a week ago.  However notice this time there will be no national vote in Greece to accept this proposal or not.  If the Greek people don't revolt and overthrow their government then they are idiots.  

S&P 500 remains at the top of its Channel

The S&P 500 has remained near the top of its longer term upward channel for several months.  Read more at http://www.amateur-investor.net/Weekend_Market_Analysis_July_11_2015.htm