Audrey Deschenes
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Audrey Deschenes in Trading. Let's get it started!,

Don’t let Greece wreck your 2015 trading plan

Critical intelligence before the U.S. market opens

So that’s it? Greece happened. The market reacted as one might expect. And here we are, contemplating the future after a really sad excuse for bargain hunting on Tuesday. To be fair, the ho-hum finish to the first half of the year is fitting, considering how narrow the range has been over the past six months (see “the call”).

Though maybe today isn’t shaping up to be all that boring after all. U.S. stock futures jumped early Wednesday on a report out of the Financial Times that Greek Prime Minister Alexis Tsipras is finally ready to bite the bullet and accept the (don’t call them the “Troika”) creditors’ bailout terms.

But overall, the fact that money isn’t still rushing for the exits is a good sign, according to Cracked Market’s Jani Ziedins, who urged investors after Monday’s retreat to resist the temptation to throw their trading plans out the window just because the emotional herds can’t take the heat.

“When big money is on vacation, markets are often less stable, especially when spooky headlines get involved,” Ziedins said. “While we don’t want to recklessly buy every dip, we need to be prepared to jump in when everyone is convinced it will only get worse. That is the point where the last of the holdouts break down and hit the sell button. Once the last of the hopeful have given up, we run out of sellers and stop going down.”

It appears that the Fly from the iBankCoin blog senses that last holdout has, indeed, broken down, considering his claim that he just bought a new car and refrigerator with a built-in TV.

“The butthole of Europe will vaporize into the sea, never to be seen or heard from again,” the popular blogger said. “In the meantime, all of us good gents stateside will be making money, overlooking pastoral grounds, drinking NASDAQUERIES.”

The Fly isn’t the only one in a buying mood. This global uncertainty isn’t derailing action on the M&A front. In fact, activity is on track to topple $3 trillion for the first time since back in 2007 and could even topple the all-time high set that year,according to Bloomberg data.