The perfect trade. Pete, what do you say . Weve been talking about how technically its been holding on to the 50 and 200day average. The xle is the big cap names. The names have absolutely been performing. Look at the way the xle traded today. There are some of the dash for trash names. Ill give you a good example. Today i bought options out in chesapeake. If energys going to do what its been doing, higher highs, lower lowers, that were going to see some of the most beaten down names. To maybe start to have participation as well. I think, look, the fundamentals have clearly not been in focus here, right . This is a trade this is totally a sentiment trade. This is a momentum trade. Dont jump in headfirst thinking equities are at par where the commodities are trading. Bottom line is, what were seeing, fundamental guys actually pulling back and making sales at these levels. Maybe getting a little Long Exposure for momentum trade higher. The equities probably go a little bit higher. They a
Transcripts For KWWL Today 20160205
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I know that two toyotas are really Strong Enough there. Im looking at a chevy, Dale Earnhardt jr. Has been Holding Steady and keep making adjustments Getting Better. Won his first cup race ever. Junior loves his track. If there is a short run at the end, hes got a really good short run car, as well. Kyle busch qualified 15th trying to win his fourth consecutive nascar race like at martinsville and making major changes on the car. We may see kyle busch bowing to the crowd at the end of the night. My guy started last and all the way up inside the top ten and taken half the race to do that and look for Chase Elliott competitive second half and maybe get into contention to win his first ever sprint cup race, the rookie is tough. I talked to my guy at the beginning of the race. Martin truex jr. , tonight he gets his first win in that toyota. Carl edwards came in with a brandnew crew chief in dave rogers and have been on a hot streak and got their first pole of the sean tonight they get thei
Studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on a friday morning. Yesterday morning, we e re standing out there with no coats. It was warm. Nice. Al roker said, change was coming. Thats right. If this were a football play, take the snap and hand the ball to al. Thanks so much, guys. We told you, if the system makes its way a little closer, in fact, we would see snow more snow along the eastern seaboard. Ports portsmouth, new york city, we have snow. Portland to washington, d. C. , even raleigh, looking at snow. As this system develops, itll be pushing in a lot of heavy, wet snow. Power lines could come down. Tree branchs coming down. 41 Million People under some winter storm warning or advisory. Here we are. 7 00 a. M. From norfolk to snow falling at rates of 1 to 2 inches per hour. It becomes windy. With the heavy, wet snow, we could be looking at power outages. Around noon from portland, boston, warwick, new york city on the western edge of the system. Int