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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. And production is flat looiped at 9. 2 Million Barrels a day. So you are not seeing the reduction in production with the rate count reduction. Now people are expecting that, they are piling into exxonmobil, chevron, the big happen energy names thinking they could weather the storm the best and if oil bottoms, they would rocket off. When oil started to turn, you had to get out of them end of the year and that is what happened today. And you ....
Of the bright spots today, nasdaq up 12plus points. Were still about a 13year high for the technologyheavy composite there. Kelly . The focus shifting immediately to netflix. Earnings there are due out shortly. Until we get them, lets break down what happened on wall street. Joining us now, jim moffett, jeffrey from Raymond James and michael from destination wealth management. Gentlemen, thank you for joining us. Thank you. Jim, lets start with you. Look, thoughts on the day. Weve seen this theme now for a couple of trading sessions, where stocks are actually paring their losses throughout the session. Does that tell you real money isnt participating here . I think the trend is going up both in the United States and around the world. All right. Im sorry, jim moffett, i have to interrupt you briefly because we have netflix numbers. Julia, how do they look . Well, bill, earnings ....