Stocks Snap A 4 Week Losing Streak- 2.12.10

Friday, February 12, 2010
Market Commentary:

The major averages snapped a four week losing streak after the EU said it will help Greece with its ballooning budget deficits. Stocks closed lower on Monday after concern spread that several European countries may default on their debt. Greece, Spain and Portugal are the three primary suspects for the latest sovereign debt crisis. 

Monday- Friday Review:

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Stocks Rally On Day 5 Of A New Rally Attempt

Thursday, February 11, 2010
Market Commentary:

Stocks rallied on Thursday but the gains were too small to produce a sound follow-through day. Advancers led decliners by nearly a 3-to-1 ratio on both major exchanges. There were 13 high-ranked companies from the CANSLIM.net Leaders List that made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, up from the 6 issues that appeared on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.

EU Agrees To Help Greece:

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