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Transcripts For FBC Markets Now 20130710

Market turning down here as we wait for the feds minute release. Even if it were to post again today and be higher than yesterday, it is another recordsetting day. We are watching oil which is a key story today. I am watching hewlettpackard very closely. This was a real ladder last year. The analysts are doing 180s as well. Citigroup now put a buy rating on hewlettpackard. This comes on the heels of green yesterday. This is why they are turning around. Adam thank you very much. Breaking news. Crude oil. Phil flynn of Price Futures Group is in the trading pits of this cme. I would call it a stunning drop in supplies. Not only do you have the heating of tensions in the middle east and you have surging demand in the United States. Everybody thought in america that we would not drive our cars anymore. Gasoline demand surging. 4 above a year ago. That is an incredible number. It is showing that demand is gas leak off of the code of louisiana. Had they been able to plug the well . I think in

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