Page 6 - John Steinberg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good monday morning. Welcome to squawk alley for a monday. John ford, kayla, as well as myself. Remembering david bowie on a tough morning, loss of a major, major artist. The dows down about 24 opponents. Were watching crude falling below 32 as u. S. Stocks struggle for gains after the bruising start to the year last week for some tech investors at least. Will the blows keep coming . Ali ans Portfolio Manager walter price and lead analyst mark mahaney. Good to have you. Good morning. Mark, in a neighborhood here now where everything seems to pivot upon the price of commodities, on chinese regu...

Today is different. I think the number one reason is pretty obvious. We had a big Oil Turnaround in the middle of the morning, and thats primarily what turned things around, if you look at the sector. We have been so deeply over sold. I mean for days. For example, the putcall ratio at one point, thats really elevated. All sorts of sentiment indicators. Retail sentiment way oversold. We just have been waiting for days for many some kind of bounce. Oil was the catalyst there. Look at the s p. It corresponds with roughly the time that oil started moving down. Remember, we have brent exploration t...

Oil, though, now down more than 16 yeartodate, spencer. What looked like a bounce last week we know now is potentially not a bottom. You know, it just goes to show how confusing the difference in the divide is between wall street and main street. Most regular americans think the price is oil is down, i get to save money at the gas pump and yet were telling them thats really bad for everybody and thats why stocks are down. Clearly investors have rediscovered risk. They are caring about valuations for the first time in a long time and it starts in the Public Markets and certainly trickling upstr...

European. The tenyear note yield continues to hover around even below that 2 mark. God, i i know. Shocking. Japanese negative to nine years out. Negative to nine years, youre paying them to take your money in japan. And the all important look at oil. Up on friday, down this morning, and we seem to be following on the equity averages. Lets get to our road map this morning. It starts with shares of chipotle are up this morning on some anticipated good news from the cdc. Perhaps a turning point for the company after that e. Coli outbreak . Plus what you need to know about the iowa caucuses. Well ...

That a u. S. Judge has accepted a plea agreement with Lumber Liquidators. Right now we dont know exactly what the plea was or what the plea was for in terms of what charges they address. Still, the headline was moving the stock, the stock up about 9. 5 , right around just 10 54 a. M. , halted for volatility, reopened just now about a minute ago, now up by 6. 5 on heavier than average volumes, so we will bring you more. Right now, trading volatility around Lumber Liquidators on a bloomberg headline with a u. S. Judge. Back over to you guys. Thanks,dom. Keep us posted on that. Meanwhile, the res...