A credit swap is like an insurance contract.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for February 10.

Dr. Adrian Manz analyzes the major markets, stock sectors, and individual stocks for February 10.

Dr. Julie Peterson-Manz reviews the Around The Horn stock action for February 9, and presents trade ideas that still have the possibility of triggering for February 10.

Dave Landry takes a one-minute look at the stock market in his video for February 10.

A rally above yesterday's highs would correspond to a breakout above the downtrend lines that have been in place for more than three weeks.

The earnings report of Coca Cola (KO) echoes that of McDonalds and shows that US sales growth is weak and that most growth is coming from Asia. These reports, from such ubiquitous multi-national companies, provide probably greater insight into the state of the real global economy than many of the statistics released by the various government agencies around the world.

Both California and Greece borrow long-term at about the same rate -- around 6%. Lenders know that when their backs are to the wall, both governments will have only two choices, not three. They can cut spending. Or, they can default.

The stock market indices had a volatile day in a very news-influenced session, particularly on debt news surrounding Greece.

All of the action in Goldman Sachs (GS) off of the January 29 low at 147.81 has the right look of a sideways bearish digestion area.