Greece has decidedly voted No to Eurozone bailout deal, with S&P 500 future now down about 1.5 percent. Oil down 3 percent, while gold only up slightly.
Everything considered, a fairly measured move on US equities. Chinese stocks, which have been plunging over the past few weeks, got further support in the form of direct buying by the large brokerage houses, following further liquidity injections by the PBoC.
Options and Volatility portfolio is all cash, so we will look to take advantage of what should be a very volatile Monday.