The big news over the weekend is the Greece elections, where the anti-austerity party has come back in power. This leaves Greece in an uncertain position going forward.
Gold is responding negatively to this development as is the Euro. US Dollar and Bonds are up. The VIX is also likely to go higher on the uncertainty.
Also big is the avalanche of the big momentum stocks reporting earnings this week. AAPL, GOOGL, FB and many other big names are reporting this week.
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