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Transcripts For FBC Markets Now 20130719

Electric, we have seen a lot of orders, up over a dollar. On the other hand, microsoft is adding not only down 11 but also adding because it is accounted for 29 negative dow points. They have had a buildup in the surface tablet, but they have been doing restructuring that could help them Going Forward according too many analysts. Lori really a drag on the dow. Talking commodities, Oil Struggling for gains but crude hit a major milestone. Phil flynn joins us from the cme. We have been watching them cross today. What is the significance in this . Speak of is the day many traders never thought they would see. Those who did not have a lot of faith in the u. S. Oil industry. While in the future would be in europe, rent crude, forget about wti. Nobody is forgetting about wti anymore. Now that it is above, it is because of the u. S. Shale production. U. S. Oil price out of whack with the global marketplace. It is back in whack now, because were exporting more product than we have in 15 years.

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