Page 66 - Oil Patch News Today

Near record 10 Million Barrels a day. Of the 50 or so oil related stocks that i follow only about ten, 20 are up over the past month. All down more than 20 . Goodrich petroleum down more than 40 . One group that has been completely i think ignored, the offshore drillers. Theyre down worse, when youve got the hercules offshore. You cant even mention it now. All difficult. Ensco, a very modern rig system. The number of rigs coming on is shocking. People dont understand its about supply not necessa...

Runway in that snowstorm. We have the very latest on that situation. 16 people injured, two taken out on stretchers. Now, billionaire mark cuban making waves today, publishing a blog saying we are in a tech bubble that is quote, worse than the one 15 years ago. Cuban will join us exclusively about an hour from now for more detail on this provocative thesis, bill making the rounds today. Dont miss it. One of the real you cant even call mark a survivor of the dotcom boom a thriver. He was a winner...

American airline shares up added to the s p at the end of the week. Well hear from ceo doug parker. Apple reportedly in talks with programmers about plans to launch Online Tv Service this fall. The end of an era, microsoft reportedly dropping the Internet Explorer brand. First up futures falling amid a slide in february housing results as the fed gets ready to kick off the meeting. Its the biggest miss on starts according to the spoke since 07. Holy cow. Hard to build a house in february. We wer...

We can draw connections to the dollar and bonds and soft macro data. Whatever you want to explain todays decline. Dow sinking 195 points, s p down 1. 01 . Nasdaq plunging 1. 64. I know i have heard all those consents bandied as the scourge of stock owners who got laid to waste today, pulverized. But i think this market is all about eve. Yeah. The original eve. Who was tricked by the serpent into eating the forbidden apple from the trees. And the whole investor class has been paying the price. Th...

Downgrade, and Disney Cinderella casts a spell at the box office, but btig stepping in the role of the evil stepmother cutting to neutral after a volatile week on wall street the euro near 12year lows. A lot going on. A lot to watch. Yeah. I was kind of hoping that this would be a nonentity week because theres not a lot of companies reporting. But the companies that do report tend to be very big, like nike fedex. Fedex giving you a view of the economy on the same day that the fed speaks. And oil...

Trust up 1. 50 today. 156 million paycheck. Well, thats for one ceo. The stock, however, down 23 in a year. Mandy is out today, but kayla is with us. Im excited to be holding down the ford today. We will, however, start with the markets as always. All major averages went into positive territory by just about 30 minutes into trading. The s p up by about 18 points. Thats good for just shy of 1 . Nasdaq up as well. Threequarters of 1 . The russell 2000 which is actually the closest to any of any ma...

Kitchen. Well show you how. Okay. Lets get to it. We begin with what could be Ground Breaking development in the war against alzheimers, the biggest news event in biotech this year and bet your Bottom Dollar investors and us watch closely. Biogen releasing full data tomorrow on the drug. Shares are rising, and in fact high today at 1. 8 as we speak. What is at stake here . Hey, mandy, a lot. Start with the size of the problem, more than 5 million americans currently have al timers disease, and t...

Special coverage and well have full Team Coverage over the next two hours here, bill, to talk about a lot of the market expectations. Weve seen a lot of numbers to the high side of course. Then we saw that disappointing adp jobs report today. So a lot of back and forth. Strong jobless claims. So many cross currents to work through. Of course, the story weve been following for the last couple of hours, deal or no deal . Depends on who you ask right now. Word that iran and the five world powers in...

Turn things around. After three Straight Days the market once again opened down big. Nearly 140 points before the averages rebounded. Dow declining 40 points. Nasdaq dropping 2. 7 and the s p dropping 4. 9. I call it a victory for the bulls. How did the rebound happen . First we have pieces of positive Economic Data to help the bullish costs. One of the main reasons we have been hammered has to do with very pumped data involving our economy. Soft durable goods numbers were a bummer. Soso housing...

Fido and friends. Were down to two dogs. Were thinking about it. Another German Shepherd . Possibly. When you get door stops or something you always get bookends. His and hers. So they can sit by the edge. Id like to get a brother. Of zara. Yeah what a dog. All right. Well talk a little bit about the Second Quarter. It begins today and the bulls are hoping it starts better than the First Quarter ended. It was a rough session yesterday down for the year by closing down about 200 points yesterday....