Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the when oil goes down. That could be where the opportunity comes in. Lets take salesforce. Com which reported the best quarter of any Technology Company in 2016. You know i dont like to chase. After the quarter. I said you have to be careful turbulence that could bring it down. Salesforce itself which obviously did a great job. Chance. I suspect if oil opens lower monday and i think it will you may get the chance to buy salesforce. As lon
Difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the misfortune of reporting on a day when oil goes down. That could be where the opportunity comes in. What do i mean . Lets take salesforce. Com which reported the best quarter of any y
Get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the misfortune of reporting on a day when oil goes down. That could be where the opportunity comes in. What do i mean . Lets take salesforce. Com which reported the best quarter of any Technology Company in 2016. You know i dont like to chase. The stock missed almost 10 after the quarter. I said you ha
The National Press club is criticizing president erdogans security detail for getting into conflict with reporters. In a statement, Tomas Berdych writes, we have increasingly seen disrespect for basic human rights and press freedoms in turkey. Erdogan does not get to export such abuse. The California Legislature has approved and sent to governor jerry brown a proposal to raise the statewide minimum wage to 15 an hour. The increase would take effect by 2022. Governor brown is expected to sign the measure. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Im mark crumpton. Bloomberg west is next. Cory im cory johnson, in for emily chang. This is bloomberg west. Coming up, tesla gets a pigment from apple. Thousands lining up to drop a grand on the car they still have not seen. We will look at the review of the tesla model 3. Fitbit shares up today. The ceo has Interesting Data about how people are using their fitbit. And he has got
Bring you the news that neil bush, brother of a jeb and george w. Has joined ted cruzs finance team. Do we have a sibling scandal or rivalry on our hands . The primary no one is talking about but should be, the secondbiggest primary behind florida isnt winnertakeall like the Sunshine State or ohio, Blake Merriman live in the ignore at your peril state. When it comes to the battle for democratic delegates, the race is tighter than it looks. We break down whether it is a real possibility or a pipe dream that Bernie Sanders could overtake Hillary Clinton for the nomination. Chilling images from iran testing missiles with running messages against israel written directly on the missile. Are these tests just a violation of the new nuclear deal with iran . You may be surprised by the end to attack the seventh anniversary to the u. S. Bull market with the major indices down for the year, might not feel like a full environmental but do the bulls have further to run . The clock is ticking, the f