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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 today. That may be adding volatility here. In terms of sectors, obviously, you have Energy Leading the rally here. Weve got almost 4 move in energy. Health care, industrials. You see Consumer Staples are lagging here. Thats on the ....
You are watching Market Makers on bloomberg television. I am Erik Schatzker. Ceo day. Brooks brothers is kind of an old dog. Here is the key. I took my dad shopping at Brooks Brothers a couple of months ago. Really . The new dockers. Kind of. I hope it is better than that. Lets take you to the top Global Business stories. The price of oil took another dive. This time, west texas intermediate felt 4 . Hello 45 before rebounding slightly. There may be pressure on prices tomorrow. A government report expected to show that u. S. Oil stockpiles have officially increased. A warning in greece about elections. The government says greece could stumble out of the euro by accident if the opposition syrz iza party wins. If the opposition wins because they do not have the knowl ....