The Market On Monday

  Good morning. It is a delightful 72 degrees and it is sunny here in the Upper Hudson Valley. Looks like we are in for a wonderful day. Well it's Summer. The solstice has come and gone and you know what that means - the days are actually starting to get shorter. It's hard to believe but it's true but, we still have to go through the dog days of July and August. I hope you had a good weekend. I hope that all the good dads out there were treated as well as I. I had a fun dinner with my close family, and hey somebody else picked up the tab! You can't beat that when that happens, you just can't.

  At 8:50 a.m. ET futures are significantly higher and the price of oil per barrel is up, just under $60. The market is poised to open higher.

  Well we're back to one word - Greece. Investors feel it in their bones, a deal to restructure Greek debt is about to get worked out. The can is about to be kicked. So we can expect that the Greek finance problem will come back. Meanwhile revel in the morning's boost.

CNN: Stocks: 4 things to know before the open

An official within the European Commission tweeted overnight that Greece has submitted a new proposal to its creditors that would provide a "good basis for progress" during a meeting of top eurozone leaders. And the European Central Bank agreed to provide yet more emergency funding for Greek banks.