Difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the misfortune of reporting on a day when oil goes down. That could be where the opportunity comes in. What do i mean . Lets take salesforce. Com which reported the best quarter of any y
Get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the misfortune of reporting on a day when oil goes down. That could be where the opportunity comes in. What do i mean . Lets take salesforce. Com which reported the best quarter of any Technology Company in 2016. You know i dont like to chase. The stock missed almost 10 after the quarter. I said you ha
Week ahead, the items that were to be discussed. A honey pack Company Offers a Second Chance for exconvicts, called appropriately, sweet beginnings. Plus its a casualty of war, yoyou probably never think abou. A zoo forced to close when violence takes over the region. We begin tonight with a major sign of the changing relationship between the u. S. And cuba. President barack obama and the first family are in havana. It is the first u. S. President ial visit to the island in 88 years. Part of the mission during the twoday trip talking about human rights issues and other differences that sparked a 50 year cold war between the two nation. Senior White House Correspondent Mike Viqueria joins us live from havana about miami mike how is the president approaching the issue of human rights in havana . Well, its good evening to you rarchld. It irandall. Its interesting ths his own trip historic. Many feel hes doing the wrong thing, pushing diplomatic ties. This is a very significant trip, no qu
Turkey. In germany, chancellor Angela Merkel suffered a political setback. The antiimmigration alternative for Germany Party made strong gains in preset elections that were dominated by the refugee crisis. Support for her Democratic Union fell across the board. Donald trump is trying to counter a late challenge from john kasich and ohio. Polls show john kasich a be pulling ahead, and days before the primary there. His campaign has been overshadowed by growing violence at his events. Activist groups and supporters of democrat bernie sanders. Global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus and now to thed, markets with matt. Matt take a look at futures. We are down across the board. Not huge drops, but a loss of 15 points on dow jones. If you take a look at the indexes, or lets take out the s p and look at yourtodate, you can see we are at a level to almost where we back to were at the beginning of the year . Being unchanged for the year, which is co
Lets go over to the markets desk. Julie hyman has the very latest. Julie we are seeing stocks andback after the gain the streak we have seen in u. S. Stocks over the past four weeks. We have the fed meeting coming later this week, so there is a lot of talk about what that will bring. The decline today can really do to be tend on what is happening with oil prices. The Iran Student News Agency reporting the Iranian Oil Minister says we will Freeze Oil Production not until we raise it by about a third. Iran is not willing to freeze production until its production is more in line of what it was historically. 36. 85. Down we are seeing the big cap Oil Companies take a leg lower today. Also not helping oil today is the recovery in the u. S. Dollar as we are seeing people reraise their Interest Rate expectations given the fed meeting. The yen is unchanged versus the dollar but you see the euro and the pound are falling versus the dollar today. Betty it is not just oil today that we are focuse