Move. The tenyear when you see the financials and how they were trading and we have seen huge activity coming into that area. Energy today. And energy. The other day was on a monday, weve done halliburton and had baker hughes and all neighbors. All kinds of different areas in the energy space. Not just on the Services Side or on the big like the conocos and exxons, but were seeing every aspect of nfrlg right now, scott. Its really interesting. I know joe has been talking about the refiners and the great move theyve had. Weve been watching energy and continue to see energy, and that seems to be the place that people not only are just rotating to, but obviously when you look at where oil is and you look at the fall in gold, you can see some of the movements in the commodity space as well. Steve weiss, what does this mean now a couple of days ahead of a jobs report . It you got stocks on the move. Rates what happens if rates continue to move . Do stocks continue to move in that environmen
Get ready for a budget on capitol hill. Varney and company is about to begin. Lets check the big board, triple digit rally underway, beating the dow right now, caterpillar, chevron exxon mobile verizon, it was up 200 earlier, up 136. Energy stocks rising along with oil prices. Here are the drillers, trans ocean, diamond off shore, oil adding to the genes we have been seen, we had gains yesterday, the price of oil is going where is it . 1. 56. Jumping 51. 13. Gas prices fairly steady at 2. 06, up a penny from where we were yesterday. Ten year treasury bouncing back of a little bit treasury yield extremely low, 1. 7 . If this is breaking in the last hour, the Justice Department reaching and your 1 billion settlement, standard and poors of the Mortgage Rate in this mess. Number one former treasury secretary Timothy Geithner nehr said about the s p downgrading u. S. Death, voting the former treasury secretary, he said the snbs conduct will be looked at very carefully. Such behavior will no
The markets posting their biggest selloff since november 7th. The major indices all down more than a percent this week. Its a big day for ipos led by hilton and aeromark. We have the ceos after trading begins. Facebook, shares up on news the ipo will join the s p 500. Lululemon lower on weaker guidance. The day after the dow closed down, the worst day since september. Retail sales showed an uptick in november. Next week all eyes will be on the fed meeting as investors watch for the potential taper from the federal reserve. Maybe decks are cleared for a taper or at least a serious discussion for one, why not take your gains for the year. Is thats whats happening . We had the largest order in balance weve had ever. If you take a look to sell, if you look at when the market broke down, its look, i can shoe horn anything. I can say thats because of taper, i can say thats because of the budget deal. How about this because of the possibility that there are lots of funds that are locking in.
Mike Lazaro is the Alcazar s New President and Adds Two New Directors - The Santa Barbara Independent independent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.com Daily Mail and Mail on Sunday newspapers.