In normal times, one would expect that reports of rising 1Q profits at eBay, solid 2Q earnings at Qualcomm, and a big government loan repayment from GM would allay fears of a double-dip recession and power the stock market to new highs. Unfortunately these times aren't normal anymore. The Dow closed up a very negligible 0.07% today.
Can you see the future? I can't, but futures traders certainly are trying. Futures markets outside the U.S. remain concerned about a potential default on Greece's sovereign debt.
Nota bene: Anthony J. Alfidi has no positions in any stocks mentioned in this particular post.
