Bet. Weve got the four stocks you need to avoid and first start off with the markets closing at twomonth highs with the s p closing just a hair above 2,000, what a week, s p posting gains of 7. 2 and this might be the reason why. Oil, its best week since august, a stunning 10 move this week alone. So where do we go from here and as we even look out to the ecb and chinas National Congress next week, is oil still the key to this market in. Guy. I think it is, it started on february 6th and we talked about the ovx and its been down ever since and traded 50 today, so is oil the key . Absolutely. One of the things weve been saying for a while now, 2025 in the s p. Last night we said on the jobs number, no matter what it comes out, the market should rally, should fade, not really what happened. I think now were long in the tooth in terms of the move from s p from 1810 to 2000ish. Thats almost a 200point real in the s p in about 15 trading days. Yeah. And we still have quite a few big news ev
Big implications for stocks and first the markets. Stocks snapping a fiveday winning streak ending at lows of the session. The s p 500 closing below 2,000. Oil was weak sending Energy Stocks lower by 4 and financials pulled back also to the teen of 11. 5 . So with cracks starting to show in the month long rally that weve seen, which half stocks or sectors could be the first now to burn out . Pete, what do you say . You know, im looking at the Energy Sector and specifically when i look in that sector im looking at will drillers and the problem with the drillers is they were so shorted and so hammered that they have added an absolutely incredible runup. Oil has made this move 26 to call it 37 and now all of a sudden you get a bit of a pull back and look at some of those names. They pulled back right along with it. Im not so sure that those names really have flipped around in terms of has the Company Really has much changed about everything with the drillers over the last week or two . I
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