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Today's Market: Management Changes And Actions By Activists Driving News

2015-07-02 12:19:50| Footwear - Topix.net

If the news reports are accurate that Greece is in fact close to a deal that would avoid a default and potential exit from the eurozone, then readers can expect to see the Global X FTSE Greece 20 ETF , National Bank of Greece and Alpha Bank all rally sharply today as shorts are covered and speculators pile into what will undoubtedly be a crowded trade. The good news for US investors is that this deal is already propelling markets higher here, per the futures, and any deal which keeps the current status quo going prevents contagion from spreading.

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