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Transcripts For BLOOMBERG Bloomberg Markets 20151222

Existing us home sales falling. We are all in the green. 4 . P 500 up oil is also moving higher for the second day in a row. Lets go into my bloomberg terminal. Energy is the biggest gainer up by 1. 75 . And part of the trend has to do with energy. But are not 100 correlated they do move in tandem lately. Ramy they have been moving quite closely. The fall in oil has had a knock on effect. Nymex crude is pretty much at session highs. It looks like traders are looking ahead to tomorrow when the eia releases its latest inventory report. Inventoriesting likely rose one Million Barrels last week. Morgan stanley said, not so fast, a rebalancing might not happen until 2017. As oil rises, oil stocks are getting a boost. By 1. 3 breaking a threeday fall. And apple is falling today. 13 . Now down bylowered its price target five dollars because of production cuts in apples supply chain. For itsstock is headed worst annual fall since the financial crisis. And caterpillar is up the most since octob

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