The markets take a breath after a strong 3-day winning streak. Across the board today the markets struggled to find footing as extension, and a sloppy oil market held us back. The Nasdaq 100 performed the worst with a 46 point (-1.03%) decline. The S&P 500 came in second with a small 9 point (-0.47%) drop, and the Dow 30 lost 55 (-0.34%).Shares of Wal-Mart (WMT  ) took a 3.01% hit today after reporting fourth-quarter earnings. The retail giant's earnings fell 7.9% as the company claims falling sales and higher operating expenses are to blame. Wal-Mart also guided lower for sales growth in fiscal year 2017. The company used the term "relatively flat" as its adjustment from its original forecast of up to 4%.

IBM (IBM  ) shares got a 5.05% boost today after Morgan Stanley upgraded the stock to overweight and set a $140 price target. According to her upgrade, analyst Katy Huberty "does not think investors have factored in the blue chip's shift to higher growth areas including the cloud and analytics". Huberty projects "stabilizing revenue trends" this year. Although IBM continues to be trending lower it has outperformed the market so far this year.

Lastly, popular ":com" name GoDaddy (GDDY  ) took some heat today after the company projected its current quarter revenue to fall below Wall Street estimates as a strong dollar weighs on the company. The weak outlook, which overtook GoDaddy's stronger-than-expected fourth-quarter results caused a 3.75% decline today. The company broke even on a per-share basis, compared with a loss of 21 cents a year ago.