We live and die with oil. You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. Above the average line. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 00 a. M. All right. You can stay extra half hour. Set your alarm to 3 30 a. M. Like i do. Check out as trade trades down a few pennies and the s p trade down a couple of picks. All in a vacuum. Pajama trader, selling the s p. Oily tail and never the other way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedin
You figure out where oil is going and you figure out where the market is going. One look at this market, tells us we collapsed because oil collapsed first. Okay. Here we go. This takes us down. And the s p 500 bounced because we hit a technical level right here. Above the average line. But these are one and the same. This is a few seconds earlier. Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 00 a. M. All right. You can stay extra half hour. Set your alarm to 3 30 a. M. Like i do. Check out as trade trades down a few pennies and the s p trade down a couple of picks. All in a vacuum. Pajama trader, selling the s p. Like a dog being dragged by the way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedingly well. And i didnt ha
All in a vacuum. Pajama trader, selling the s p. Like a dog being dragged by the oily tail and never the other way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedingly well. And i didnt have this meld going on if i didnt have it going on inside that brain, youd never believe which parts did well. So today we had this huge counterintuitive rally up to 29. 62 within striking distance of that key 30 level. The eagerly awaited oil levels was fundamental. Its just that the trading in crude is so oversold. Something thats gone down week after week is due for a bounce but heres where it go from counterintuitive to totally wacko. What stocks went higher as the lets see. We had a colossal gain in the Consumer Spending stocks like the retailer, travel and leisure place. Moves up in the airlines and the cruise ships stocks. Have in co
Dont believe me, you think im cherry picking on the big decline one day in the life of the market i have an idea. Do this for me. Set your alarm to 3 00 a. M. All right. You can stay extra half hour. Set your alarm to 3 30 a. M. Like i do. Check out as trade trades down a few pennies and the s p trade down a couple of picks. All in a vacuum. Pajama trader, selling the s p. Like a dog being dragged by the oily tail and never the other way around. But today i saw something amazing. When i peered into that cerebral cortex of this market, what i saw was not that the averages do well when oil goes higher. Its that certain parts of the market do exceedingly well. And i didnt have this meld going on if i didnt have it going on inside that brain, youd never believe which parts did well. So today we had this huge counterintuitive rally up to of that key 30 level. I say counterintuitive because the eagerly awaited oil levels was fundamental. Its just that the trading in crude is so oversold. Som
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 take you there live as the area prepares for snow. Shares of tesla falling after Morgan Stanley slashed the price target by 100. What has adam jonas concerned about it. And news on the activism front coming your way. Moments from now on alcoa. Lets get to the Broader Markets to start things off. Global growth concerns sends futures and oil prices lower. China manufacturing, pmi for january indicat