Well, perhaps not literally, but it is high time that the Central Banks started following up on their statements with action. How many times have we heard “We will do whatever it takes to…” or “We have a number of choices to make regarding getting the economy going ….”  Can we please do one or two of those things?   Right now, getting Europe back on track is mandatory to avoid a catastrophic dismantlement of the euro.  And with withering domestic economic numbers, it is time for more action and less talk from our Fed Chairman. Read more about QE3, ECB or Bust

"Most great people have attained their greatest success just one step beyond their greatest failure."“  --  Napoleon Hill

Last Friday’s 120-point smack down of the Dow Jones Industrial Average (DJIA) left the blue-chip index pretty much where it began at the beginning of July. It might be regarded as a microcosm of the entire year, one where the Dow has more or less trended sideways in spite of the occasional attempt to either break out or break down from that trend. Read more about ETF Periscope: Will Apple and Facebook Make More Noise Than Spain and Greece?

"I have noticed even people who claim everything is predestined, and that we can do nothing to change it, look before they cross the road.” --Stephen Hawking Read more about ETF Periscope: Wall Street Banks on Greek Order, But Volatility Continues to Lurk

Let Sleeping PIIGS Lie

by Daniel Sckolnik of ETF Periscope

“If to do were as easy as to know what were good to do, chapels had been churches, and poor men's cottages princes' palaces.” ~ William Shakespeare Read more about ETF Periscope: Let Sleeping PIIGS Lie