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Turned higher at this point despite eight despite a tough as caterpillar, general electric, microsoft. The nasdaq is taking the biggest tumble of the three major averages. It looks like energy is the best major group at this point. Because of financials as well, this is pulling stocks back up. You look at what is going on with energy, oil prices are up by nearly 2 . Southwestern energy, one of the energynergies companies to report its stock, has gone up. Within the financials, we have also had earning it news, and that includes suntrust and eat Tree Financial as well, 3. 5 eTree Financial at 3. 5 . David all right, some gains, but what about the tech stock . Have tech stocks do not an insurmountable problem, but still, it is a pretty tough slog. Microsoft, as i mentioned, projections,sts and visa, you dont think of it as text, it is coming out with earnings, but also saying i ....
Story, a little bit concerned about it. Those factorsof in the mix. Anna we do not need to revisit the fact we saw all materials down 40 in the last quarter. A little bit of a bounce in copper of days or so. Extending that bounce after we had the chinese data, at a oneweek high. Before you get too excited, Morgan Stanley talking about the worse to come something we heard from citigroup earlier. Guy not good news for ivan blazoglazenburg. We are watching the credit story, it is one of the factors that honestly has been behind the equity market rally. Markets beingt used as a way to generate buybacks. They elevate equity levels, and if that story stops spinning, because have a problem. But a bounce in copper, most things have come back. Let me show you the crossover index, this is the story credit has been signaling a much longer term concern being priced in. We saw a big selloff, that is glencore and a number of factors in their. W ....