The initial half of this trading week has been skewed toward the negative.
Sell-offs were broad based during this time frame and investor worry over the
euro-zone debt crisis has not abated. Even though European Leaders announced
that a plan was in the works to stabilize the strained eurozone economy,
investors still question the plans potential. A primary concern at this point is
the lack of plan details being provided. In addition to this negatively skewed
perspective, investors also worry about the general global climate. The negative
eurozone ramifications will affect all major markets and this aspect is keeping
many investors sidelined. On a positive note, the stock futures for the primary
index composites were posting green prior to opening bell this morning. European
markets were trending higher at this point as well. As the trading session
reached the mid-day mark today, the primary indices were still on the positive
side of break-even. The Dow Jones Industrial Average was posting higher by .79
percent at 11,916.57. The Nasdaq was posting higher by .37 percent at 2,548.66
and the S&P 500 was posting higher by .74 percent at 1,220.75. Jobs data posted
better than expected today and helped to keep indices afloat. Frank Matto
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