Stocks traded higher for the day despite the nagging unemployment problem here in the US. This week marks the 15th week in a row that jobless claims for unemployment benefits have been over the 400,000 mark. This is not exactly great news for the White House.

A second bailout for Greece seems to be finished and a done deal. Does that mean the first bailout didn't work? Does anyone in Europe really think that this second bailout is going to work? There's no way the Greeks can or will pay back these loans, of that I'm pretty certain.

Our Trade Triangle technology scores again as we have been long equities based on this technology for quite some time. It proves that you don't have to read the news, you don't have to listen to news and you don't have to catch the latest rumor to be a winner in the market.