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From monday to wednesday. Monday we saw a decline. We are hitting session highs. Hopefully we will stay with those through the day. We are on track to break that threeday losing streak. The s p 500 up. 8 . The dow up the most by 1 . The nasdaq up by. 9 . Everyone looking ahead to tomorrow. We will be getting reports on retail sales and producer prices. Also a gauge of Consumer Sentiment is expected for last month. Expectedat data is not to alter the feds anticipated move on rates. Functionok at the wrip on your bloomberg terminal. A chance the fed will on december 16th. We are flirting with a record close. The last time that happened was may 21. Today we are at 2062, so we are off that by 55 points and change. We will be looking to see if we did that soon, betty, or maybe by the end of the year if the markets continue their trajectory. And commodities as well, right . Aboutyes, we were talking oil all day all year, really, rig ....
Well begin with the markets. Stocks are higher after three days of losses. Take a look, though, at the price of crude. That is where the big story remains today. Oil hitting its lowest level in six years earlier, and that is just fine for our first guest, who is buying some of the stocks most impacted by the commodities rush. Welcome. Swron than, good to see you. Pleasure to be here. We didnt accumulate areas on weakness. The other stocks that are more commodity proxies, thing like Conco Phillips and eog that are more like to move up on a bounce. I got conco cutting their cap x. Chevron cutting its budget. Dividends in question perhaps. Some people wonder whatting weve seen in certain areas of the energy patch are going to come to big oil. Theyre going to be forced to cut their dividends. Youre not worried with that at all . What we see is opportunity. Clearly the pros currents was what creates the opportunity. Were all in this lo ....
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