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Points, the s p by nearly 20, and the nasdaq by about 57 points. Also being helped, im sure, by the news from china. What do we think about this . I saw the rally in oil prices on friday. Basically a rumor that you were going to see Something Like this. If its contingent on iran and iraq both playing along with it, that raises all kinds of questions. Seems to be the same caveat weve heard over and over again. Iran has theyve walked back some of their more explicit talk about ramping up productio...

Rally. S p climbing 1. 54 . Nasdaq gaining. What happened to make everyone go from negative to positive practically overnight . Primary catalyst is the strength in oil. As long as oil hangs in there, roars higher there wont be big defaults in the oil patch, just small ones. We saw it today. The run on crude is incredible. Crude, crude everywhere and not a drop to be able to you cant find storage. You can always tell this kind of thing that oil is in control by looking at how the s p 500 futures ...

When the show started i claimed i was 61. It was better to be a younglooking 61 than an oldlooking 50. Yes. On still one more day when the market was all over the place the dow seeking a hundred points. Nasdaq. 35 . I want to talk about the Old Fashioned notion of judging companies not by what they are, but by what they can be. Consider the Walt Disney Company. Disney reported much better than expected earn ings. To quote bob eiger, i am thrilled to report that the performance was the single gre...

For the week but look at that. Were just off the highs of the session right now with the dow up 286 points. We have been tracking overnight sessions in japan, which is hit really hard this week, down more than 10 . But we have black rock global chief investment strategist joining us and he says the market looks attractive right now. Is square a takeover target . Visa revealing its stake in the Payments Company and some on wall street say the move could be paving the way for m and a in the catego...

And soup and cereal stocks have been on fire, but the chartmaster has a simple message for traders. Nothing for you. Well explain why. The action begins right now. Spending all my nights all my money lets go right to it. The bear had reason to run scared maybe its this. Check out the transports. The economically sensitive stocks touching a yeartodate high today is this a sign that things are on a firmer footing . Dan, what do you think in. No doubt about it. I think you can take the price action...

Coming up, two guys who are facing off each other in the ring when it comes to puerto rico. Jim millsteen, renowned restructuring attorney, advising puerto rico. Well talk to him about puerto rico. He was at treasury during the financial crisis. Knows a lot about that is go on with the European Banking system. Well discuss that with him as well. And ambac could lose a lot of money if jim millsteen gets his way. Well talk about that coming up. What is happening in puerto rico, guys, emblematic of...

Lets get right to it because the financials just posted their best day since november 30th, 2011. Lets get in the money and find out. Dan, what do you say . I dont think so. I think it was a very healthy rally today. There was two pieces of news that caused it. We started out the morning with Deutsche Bank saying that theyre going to buy back bonds that have been something that people have been a bit worried about, about their Capital Position and their ability to pay interest on those bonds. An...

Oil minister made strong comments about Production Cuts. Were going to look at the ripple effects across the energy market. Honeywell singing a different tune. The United Technology is about the prospects for the merger of the two. Target and lowes. Both retailers are in the red before the bell. Stocks falling all around the globe. The saudis ruling out this Production Cut and then data from the api showing a bigger than expected build in u. S. Crude. Of course, well get eia cue out with its own...

The action begins right now. Spending all my nights all my money lets go right to it. The bear had reason to run scared maybe its this. Check out the transports. The economically Sensitive Group of stocks touching a year to date high today. Is this a sign that maybe things are on firmer footing . Dan what do you think . No doubt about it. I think you can take the price action year to date and say this is a group thats one of the worst performing groups late in 2014 and topped out and spent most ...

1. 4 in the fourth quarter. Still looking at recession in japan. We will bring you all the latest developments out of the ecb president. Stock markets closed in the u. S. , of course, but futures are trading higher, take a look. 228 points the market closed all day in observance of president s day. A scare in sky from a flight traveling from london to new york, laser forcing pilot to turn with more than 200 passengers on board. Authorities are still working to find the source of the laser. Kobe ...