If congress does move on relaxing the u. S. Ban on exports of crude oil. Ill keep an eye on that story which the white house says they still prefer their administration to address. We take you live to the nymex for the latest shortly. And fitbit soaring again today on nufz a corporate account with target. We debate whether this stock is more than a fad bill. They order 335,000 fitbits theyre going to hand out to all target employees. Thats a lot. Plus mad money meets closing bell. Jim cramers going to join us today. Hell be live from the dream force conference out there in San Francisco. Hes with the ceo of Western Union coming up shortly here. But in the meantime lets get to the story of the day. Jackie deangelis joins us now from the nymex with this big rally on oil today. Jackie . Reporter good afternoon, guys. Thats right. A near 6 jump in oil prices today. We havent seen a move like this since august 31st. That was one of the days we popped 8. 8 . So these wild swings continue whe
Shocker the fed got clobbered, by. 36 and the nasdaq plunged. 26 . It was a meeting that happened about a montha ago has almost always been a suckers game. The selloffs are rarely more than just a head fake with no real, lasting impact. It doesnt mean we cant go down more after the run weve had. I certainly cant say that. In fact, its the opposite and were due for a bit of a bruising, and it wouldnt be exceptional if we didnt it would be exceptional if we actual willy didnt have a bruising, but thats why i feel why tonight is a terrific time to explain why i do still think were in a bull market despite the negativity through todays session and yesterdays. So i need you to go back. I need you to do your literary homework here. Remember tolstoys classic line . All happy bull markets are alike, but each bear market sun happy in its own way and anna carren ina. Its a great metaphor. Indeed, bear markets are hideously unhappy in all sort of different ways. It could be caused by a financial
Shocker the dow got clobbered, s p backslid,. 36 and the nasdaq plunged. 26 . It was a meeting that happened about a month ago has almost always been a suckers game. These fed minute related selloffs are rarely more than just a head fake with no real, lasting impact. It doesnt mean we cant go down more after the run weve had. I certainly cant say that. In fact, its kind of the opposite and were certainly due for a bit of a bruising, and it wouldnt be exceptional if we didnt it would be exceptional if we actually didnt have a bruising, but thats why i feel why tonight is a terrific time to explain why i do still think were in a bull market, despite the wave of negativity through todays session and yesterdays. So i need you to go back. I need you to do your literary homework here. Remember tolstoys classic line . All happy bull markets are alike, but each unhappy bear market is unhappy in its own way in the seminal stock treatise anna karenina. Its a great metaphor. Indeed, bear markets
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