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FBC Markets Now July 30, 2013

Drugmakers. Pfizer and merck. Big pharma is something to watch during this earnings season. Lipitor sales are out patents. As they lose the patent, they lose some of the money. Adam that is something we can talk about another day. Right now, oil has been falling below 104. Phil flynn is in the trading pits of the cme. New numbers show that u. S. Demand for oil is actually slowing down. The selling is actually picking up; right . I think so. Refinery runs are well above normal for this time of year. I think it is one of the negatives that is weighing on oil today. The Economic Data that came out today, Consumer Confidence, the home sales numbers, that does not really inspire a lot of talk going fooward. You have the worries about the federal reserve. The good news is it is also bringing down rbob, which, of course, at the gas pump, that is a sign that we could see prices come down. Adam phil flynn, thank you. Lori gearing up for the biggest week of the summer. The seventh time in all of

Embiid, Harden hurdles stall Sixers in their tracks

The first piece of the 76ers' offseason is set: Doc Rivers will return to coach next season, early exits and all. Another question mark seems somewhat settled, James Harden wants to stay in Philly and the Sixers want him back. All signs point to yes, but no deal-one that could be worth nearly $50 million next season-is guaranteed.

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