Page 43 - Oil Patch News Today

Term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stk market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a sustainable, lasting and will be more lucrative. Phasis on ultimately, though, than wve had over the last few you have to bel...

Markets. Here in the u. S. , unchanged this morning. Now we are steadily moving lower and lower. If you want to take a look in my terminal, the bloomberg chart here, i have the dow intraday. You can see we took another leg lower and we are coming down lower now at noon as well. It looks like all the pressure is on u. S. Stocks as the european stocks slow at the close. Scarlet within the dow industrials, what is driving the measures lower . Matt we are on retail sales because of black friday and ...

Off the session lows, giving up all of the gains that we saw earlier. The turnaround started around 10 30 when the u. S. Crude inventory numbers came out. It has been up and down for the markets. The s p 500 is in the negative down. 25 . It was positive for most of the day. The dow is raising its positive number, up about. 10 . Of s p 500 p materials are the biggest leader, up i 3. 3 . This is because of talks of the potential merger between dow and dewpoint. The biggest percent gainers. Energy ...

Half hours time. It looks like investors do not anything germanic ahead of that on a macro basis because the s p and dow slightly lower. The nasdaq slightly higher here today. Gross closer to resuming and surpassing its record high. Take a look at my bloomberg terminal. I the intraday moves going back to six months. The record high was reached back in july, july 20 to be exact. We are 1 below that level. Indo see a rally for stocks december. We could see not only the nasdaq but other averages on...

California will not rule out terrorism as motive for the shooting that left 14 people dead. Not far from the center for the disabled, the citys police chief spoke last night. We initially put out that we have information that there were now,ds of three shooters, when we get the witness statements it looks like we have two shooters. We are comparable with the two shooters we believe went into the buildings are the two shooters that are deceased. Vonnie the suspects are identified as syed farook a...

Well xblor. A weaker than expected report on manufacturing out this morning. Will this change the feds mind about the strength of the economy . Steve liesman joins us now. Were looking at a contraction here. In the Manufacturing Sector. The belief is that fed will look through this week, at least for a while in manufacturing. The reason is because it seems the result of a crash in the oil and gas industry, a strong dollar and weak overseas growth all risks the fed knew before the report. The num...

Stocks going for their best week of this year led by discretionary utilities and health care and how about nike today. Investors are simply loving that news. Kevin, nike doesnt pay much of a dividend, but they are rocking today. Wonderful thing that happened. We were so concerned after macys and nordstrom blew up thinking its all over. Consumers dead. No low cost energy dividend. Where is it . Now we see the light, the green chutes. As you said, it depends where you are expecting the consumer to...

And the havenotes. Today the dow out of nowhere ga gained 123 points. The gulf between the winners and losers. These examples will rip your eyes right open. First we had three winners on the web, alphabet, expedia, and facebook. Alphabet, formerly known as google, rejuvenated itself after amazing cfo work at morgan stanley. 2016 will be the year when they really monetize youtube which is worth a heck of a lot more money than it seems. Facebook remains a money machine. Theyre a virtual monopolist...

Was it enough to turn the tide with investors . A case of conscious uncoupling. Gains for oil stocks despite a second straight day of losses for oil. Are stocks pricing in a bottom for crude . What does it mean for the rally . I dont think so. Welcome. The Oil Volatility index is still above 50. Brian kelly outlined a number of times oil was headed down to 20. Its getting close. I still think the commodity is actually under pressure. Why the Stocks Holding in there . I dont have a good answer ot...

And while it might look quiet in the market, with one day left in the trading year. Look at the oil stocks. Crude ending lower by more than 2. 5 . And exxon, chevron, b. P. That got hit, closing out the day at the session lows here. What are we seeing here . A rotation at the end of the year. We pointed that out last night and that is yesterday to those on the metric system. The oil was down after the api report of build. And then the doe report, again a build and people werent expecting that. A...