TheStreet TV

Stocks are trading higher but trader Ben Willis of Albert Fried is not impressed. He points to the low volume as evidence of the lack of real participation. He thinks there are still more sellers, but that they are just not engaged today. This rising volatility though, is great for traders. It makes long term investors nervous, but gives traders an opportunity to make money. Willis believes the correction is still in progress and more selling is to come.

Micro-messaging startup Twitter has a little growth problem, and despite its earnings beat, shares are off highs as we go into the open this morning. Green Mountain Coffee investors are waking up with some spring in their step, after the company's earnings beat, combined with a Coke partnership to expand into soda, has the stock up more than 40% as we head into the trading day. Jim Cramer laces up an Olympic pick again, and we'll see results from Dunkin Brands and Activision Blizzard. Jonathan Marino at the Nasdaq Marketsite on February 6, 2014.

U.S. markets ended Wednesday's session mixed as traders digested mixed data on the economic front. Albert Fried Managing Director Ben Willis says there was confusion in the markets and traders are sitting on the sidelines waiting for Friday's January jobs report. Willis says one bright spot were shares in pharmaceutical stocks. Willis says the VIX, which is a widely tracked measure of market sentiment, suggest there is more volatility ahead. 'More volatility,' Willis says, means the market is in 'correction mode.' TheStreet's Ruben Ramirez reports from the NYSE.

Stocks began the day in selling territory but by midday the losses were being trimmed and the Dow was even trying to get into positive territory. Jason Weisberg of Seaport Securities does not believe this is a situation of buyers jumping into the dip but more that sellers have finished their trading for the day. He believes the current correction has been healthy since it has been a steady drumbeat on modest volume, and he sees no capitulation selling.

Between yesterday's numbers after the bell from Hain Celestial and Buffalo Wild Wings, as well as earnings on the way from Ralph Lauren, Green Mountain, Pandora and Twitter, investors have plenty to keep an eye on throughout the trading day today. Markets internationally appear to be stabilizing and in the U.S., investors await three days' worth of key reports. Plus, if you're hungry for growth in China, Jim Cramer has just the takeout stock for you. Jonathan Marino at the Nasdaq Marketsite in Times Square, February 5, 2014.

European markets lacked direction, moving first down, then up, then wavering, on conflicting economic statistics and uncertainty over the direction of the US markets today. Swiss watchmaker Watch lightened the mood, as did the appointment of a new CEO at U.K. insurer RSA. Gambling revenues disappointed the Hong Kong market.

Markets rebounded Tuesday to close higher after the S&P 500 shed more than 2% on Monday. Earnings continue to be mixed while factory data for December was better than expected. Federal Reserve Bank President Jeffrey Lacker said he expects to see further reductions in the pace of asset purchases amid a substantial improvement in labor market conditions. Microsoft shares were little changed after the announcement Satya Nadella would be its next boss, replacing Steve Ballmer. Jane Searle speaks with Matt Cheslock from Virtu Financial at the NYSE.

U.S. markets staged a rebound on Tuesday. Cuttone's Keith Bliss says Monday's selling was a sign of capitulation, which prompted brave traders to buy. Bliss says the buying is continuing Tuesday because some investors feel the market has sold off enough. Bliss believes stocks will continue to recover at a choppy pace. He also watches the ten-year treasury yield and the volatility index for indications of movement in the S&P 500. Bliss points out the correlations between the two indicators.

Michael Kors proved its handbag is the hot holiday item. Earnings blew away last year's numbers as comparable store sales increased 28% and total revenue jumped 59% for the third quarter of fiscal 2013. Retail net sales increased 51% and gross profit increased 61%. The stock soared as a result of the earnings as investors look to proven winners in this difficult market. Michael Kors also increased guidance for the year much high than previously expected.

European and Asian stocks follow U.S. markets lower on Tuesday with Japanese and Hong Kong indices notching up losses, that mean they are down well over 10% from year-end highs, placing them firmly in "correction" territory. SoftBank is a lonely riser in Tokyo after a report suggested U.S. telecoms regulators probably wouldn't let its Sprint unit buy T-Mobile USA, while in Amsterdam weak fourth-quarter results push telecom KPN lower.

Earnings are on the way this morning as virtually every company looks to rebound from a disastrous market sell-off that began the week Monday. Michael Kors and Clorox will report before the bell this morning and Hain Celestial numbers come out after the close this afternoon. Plus, Yum Brands' big beat came with some bad news in China. And Jim Cramer has his eye on a financial services stock that reported a surprise beat and a buyback--but that has lost market cap in 2014. Jonathan Marino at the Nasdaq Marketsite in Times Square, February 4, 2014.

Manufacturing data in London and China disappoint. United shuts down Cleveland hub, cutting over 400 jobs. New twist in the men's retailing saga. Chipotle featured in today's action alert.

Turmoil continues in emerging markets and China worries continue. But manufacturing confidence is growing in Europe. British banks fell on further bad news from Lloyds Bank, but manufacturers Rexam and Smith & Nephew did well on M&A. Smith & Nephew has agreed to spend $1.7 billion on Austin, Texas-based medical device maker ArthroCare.

The New Home Company shows its strength as the IPO moves higher amidst general market selling. The California home builder priced its stock at $11 and then immediately jumped to $12. While some investors are worried about the effect of rates on home buyers, CEO Larry Webb says New Homes' customers have good jobs and the areas it builds in need homes. The New Home Company has a large pipeline with many contracts for new "socially-conscious" homes to be built. TheStreet's Debra Borchardt has details from Wall Street.

U.S. markets look set to open lower on continuing concerns about emerging markets. Google misses profit estimates but posts higher revenue as advertising sales climb 17%. Amazon misses earnings estimates and issues a forecast for current quarter sales that is below what Wall Street was expecting. A bit of a different story for Chipotle. The burrito chain beat analyst estimates with its latest earnings report and also said sales climbed 21% from the same period a year ago. Microsoft is reportedly getting closer to naming a new CEO to succeed Steve Ballmer. The internal candidate is Satya Nadella, EVP of cloud and enterprise at Microsoft. TheStreet's Ruben Ramirez reports from the Nasdaq MarketSite in New York.