What type of reaction has the euro had to the Greek bailout?

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for February 11.

Dr. Adrian Manz analyzes the major markets, stock sectors, and individual stocks for February 11.

Dr. Julie Peterson-Manz reviews the Around The Horn stock action for February 10, and presents trade ideas that still have the possibility of triggering for February 11.

Dave Landry takes a one-minute look at the stock market in his video for February 11.

Since none of the broad market indexes moved above their February 9 highs yesterday, traders should be monitoring those same pivotal levels going into today.

Assets in the US Treasury complex may still be the preferred safe harbor of choice, but if all debt instruments are becoming subject to a higher risk premium, along with the Fed’s intention to begin removing liquidity, even those fleeing to quality may need a higher return to keep funds in these instruments over the longer term.

The Greeks are in a jam. They spent too much money in the bubble years. Then, they saw their tax revenues disappear in the bust.

The stock market indices had a down day but they did have some volatility. They were sharply lower in the morning, snapped back sharply midday to retest the highs, but once again yesterday’s highs at 1760 on the Nasdaq 100 and 1075 on the S&P 500 proved formidable. In the afternoon the indices backed off in a mini 5-way decline to close down on a session.

This morning's first-hour breakdown in the S&P 500 Depository Receipts (SPY) from 107 to 106.11 was mostly recovered in the second hour.