Stock Market Analysis
Once again it appears our market was taking cues from Greece. Their market opened again to a torrent of selling, losing over 15% for the week. This seemed to spill over to the Dow, which fell 1.65% and to smaller stocks, with the Russell 2000 losing 2.54%. About twice as many stocks fell as rose and three times as many set new lows as new highs. Negative news from Disney led media stocks lower while oil stocks continued to follow the price of oil lower. Utility stocks were the only sector to advance, showing the negative sentiment ruling the market.