Page 16 - Energy Patch News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You look at the gains here, the dow is up almost 7 since february 11th. The s p 500 up more than 8 in that same time frame and the nasdaq is up 10. 5 since february 11th. Do you sell into the rally . David joins us. You have a bullish tendency, but i think you believe that the upside is limited here. Yeah, absolutely limited. We talked about it last night in the show. Essentially this is a fearbased trade. People underpositioned on the long side that are fearing a lot of the meetings coming up over the next several weebks. A meeting in china kicks off today. Most importantly the ecb given drag...

Was down slightly. The shanghai composite was up slightly. Also take a look at oil prices. Wti up slightly. 34. 72. A little later this morning, were going to watch for natural gas Inventory Data due out at 10 30 eastern time. Gas prices are trading around the lowest levels in 17 years. Couple big stories were watching this morning. Just hours after the u. N. Security council slapped new sanctions on north korea, south korea is now accusing the north of a new provocation. South Koreas Defense Ministry saying north korea fired several shortrange projectiles into the sea. The sanctions on pyongy...

Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but they have a waiver from marriott that will allow them to negotiate until thursday. People familiar wi...

Facebook shows thousands of developers. Sand target investors and in focus. First messenger which just last week announced accelerating growth to 900 million monthly users. Facebook is expected to make it easier to chat with users and invite them to easily make transactions all about leaving messenger. Ahead of the event drop box announced its sbi grating into messenger. Part of facebooks plan to allow people to do many things on their phones without ever leaving the app. Days after announcing features for live video and new prominens on the app we expect new technology and premium content. An...

Energy was the best performer. Initial jobless claims moving up a little bit but theres no direction to come with tomorrows jobs number. The dow was up 85 points, so that slide was a bit dramatic. Volume was terribly light, this time of day, it was a very light day. Oliver if you look at stocks, a few things jump out. Look intoe a deeper what is going on, few things have popped out. Alibaba andclose to you have a few other measures if you look at what happened with financials and look at what is happening in terms of their momentum, the 200 day moving average, they have been down there for two...