It was another rough day to be short. Yesterdays late day trading action and after hours movement looked ominous for today's session. Stock futures tumbled as the ECB dealt a blow to Greece. But as the hours progressed futures found footing and began to rally. Stocks closed trading near highs of the day. A key level was broken and looks to take some uncertainty out of the short/medium term outlook.
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February 5th, 2015 Watch List
Thursday Morning Market Video – $TWTR $DIS $GPRO $SPY $YELP $LNKD
Stock futures moved higher on Thursday, with Wall Street set to gain back some of the momentum it lost worrying about Greece, as investors refocus on data and jobless claims due later.
Among earnings, Dunkin' Donuts Brands Group Inc. and Michael Kors report before the bell, with Twitter Inc. due after the market closes.
Thursday Morning Market Video - $TWTR $DIS $GPRO $SPY $YELP $LNKD
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Thursday Morning Reads – 2/5/15
Greece is like that novel you try to read but just can't finish. You want to take the book and rip it in half, but alas its hard cover. You want to throw it away, but it was a gift from your wife. You want to say you read it, but you know you'll be asked about it, and cliff notes are not available for the book.
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