July 1, 2013 11:10 AM
If you ask veteran market watcher Sam Stovall where he thinks the market is headed in the second half of the year, the chief equity strategist at S&P Capital IQ says what happened four months ago could be the biggest driver of where we end up six months from now. At the crux of his call to stay long stocks in the face of a hyperactive, Fed-centric, uber-volatile marketplace, is one powerful factoid: every time since World War II that the S&P 500 was up in January and February, the market has gone on to post a positive full-year return 26 of 26 times. Microsoft's long-awaited Xbox Music for the Web has finally launched and allows users to stream "millions of songs" from within the browser. The service is available on Xbox and Windows 8. First thing in the morning: hair, makeup, a swig of booze. For Hoda Kotb, the co-host of the fourth hour of NBC?s Today Show, it?s all in a day?s work. From 10am EST to 11am, Kotb and her co-host, Kathie Lee Gifford, have a fortifying drink. Or two. ?Yes. We really drink on the show. We don't drink a lot. But some days we have a little more than others. And if you're the last guest, too bad for you,? Kotb said.