Stocks closed lower today amid ongoing concerns over the euro zone crisis and as investors took a breather following the strong run-up that propelled major averages to multi-year highs.  Still, despite the lackluster session, stocks are on pace to log their best two month start to the year since 1991. DOW    -27 to 12938         …
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Stocks erased their early gains after the Dow briefly hit the key 13,000 level, as oil prices pressured the markets and as investors were quick to take profits following the deal in Greece.  The Dow hit the psychologically important 13,000 level for the first time since May 2008 after euro zone finance ministers sealed a…
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Stocks sold off in today’s session as investors took profits following the recent rally.  The profit taking was fueled by the release of the Fed minutes, the ongoing Greek debacle and some mixed economic news.  The Fed minutes showed a few officials in January felt another round of bond buying would be needed before long…
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Stocks traded lower for most of today’s session on worries that euro zone finance ministers appeared unlikely to release the Greek bailout funds by tomorrow as hoped and following a weaker than expected retail sales report.  Retail sales rose less than expected in January, climbing .7% last month.  We’ve had great gains since the beginning…
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Stocks traded higher today after Greek lawmakers passed the deeply unpopular austerity bill over the weekend to secure its latest bailout package and avoid national bankruptcy.  In earnings, there weren’t any notable releases today, but 63% of the 352 SP500 companies that have reported earnings so far have beat analyst expectations.  There are 51 companies…
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