Page 54 - Oil Patch News Today

In the teens and quaker town and mount pocono. Bumping up to the mid40s athe region as we move on through our saturday. Satellite radar has us dry but a guy cirrus clouds. Were looking for sun and clouds for a good portion of our afternoon warming up to 42, 45 degrees. Really just a typical february, not bad at all. Well stay dry today with within out of the southwest. To ten Miles Per Hour. Forecast gets interesting come monday. Stick around ill be back with the seven day. Now to breaking news ...

The fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation co...

Businesses and consumers the crew bounced from 22 to 33. Any rebound means the Oil Companies get to raise more capital buying more time to stay in business. When it comes to higher oil. This week we learned people quit on stocks easily. Stocks hammered earlier in the week ended up much higher by todays close. I wouldnt be surprised if amazon bounces back next week. Lets keep the bounce it is back situations in mind when we get another flood of earnings next lets keep the bounce it is back situat...

Target practice. Given all the volatility weve seen, are wall street strategists s p targets about to change. Do you have an answer, mandy . Theat least i have some very smart people joining me through the course of the hour with their answers. Welcome back, brian. We missed you. Begin with the wild swings in oil. Those prices were down bigtime earlier but weve seen a massive rally to the tune of about 6 now building on the two previous big up days, keep in mind. But crude has now completely obl...

Century. The original copy. Apple is talking to hollywood executives about creating its own shows in a bid to compete with netflix. This after announcing a tie up with cisco. Now it was the worst month for the s p since may of 2012. The dow since may 2010 and the biggest gain for the volatility index back to 1990 and as you can see that volatility may continue into september. Were now looking at the Dow Jones Industrial in premarket trade down nearly 400 points. A big move. The s p 500 down abou...

How this all plays into the Federal Reserve. I like jims point there in Halftime Report which is if they dont move in september, were goi in december, were going to drive ourselves in sane. This is right in the sweet spot of the feds full employment number. Maybe that number is going to come down but right now theyre between 5 and 5. 2 . Over to the 173, thats the payroll number for august. Thats below the 220,000 that was forecast but several economists, many economists, point out august has be...

Century. The original copy. Apple is talking to hollywood executives about creating its own shows in a bid to compete with netflix. This after announcing a tie up with cisco. Now it was the worst month for the s p since may of 2012. The dow since may 2010 and the biggest gain for the volatility index back to 1990 and as you can see that volatility may continue into september. Were now looking at the Dow Jones Industrial in premarket trade down nearly 400 points. A big move. The s p 500 down abou...

The august jobs report . Phil mattingly will bring those numbers. They expect 217,000 jobs were added and the Unemployment Rate fell to 5. 3 . Futures are down and stocks in europe and overnight in hong kong, they are always on our numbers but this is where i need to bring you in. The august jobs number is woefully unreliable. Jack yes, very unreliable. Of 217,000 may be with the number ends up. I think it will end up higher than that, but it could start lower. You are making this point, carl. Y...

Start to september. Stocks were pummeled to the tune of about 3 today as a new month did little to quell concerns about china and the Federal Reserve. You know that story. Lets take a look at the damage. The dow industrials fell 469 points to 16,058. Nasdaq shed 140 and the s p 500 gave back 58. Its the worst start to a september in 13 years. Bob pisani has more on todays selloff. We fell 2 in the open and we stayed down. You can blame it on chinas pour manufacturing numbers if you want, but the...

Start to september. Stocks were pummeled to the tune of about 3 today as a new month did little to quell concerns about china and the Federal Reserve. You know that story. Lets take a look at the damage. The dow industrials fell 469 points to 16,058. Nasdaq shed 140 and the s p 500 gave back 58. Its the worst start to a september in 13 years. Bob pisani has more on todays selloff. We fell 2 in the open and we stayed down. You can blame it on chinas pour manufacturing numbers if you want, but the...