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The last two sessions. The major averages have maintained the gains. We havent seen any major hiccups. Relatively broadbased rally once again. Energy stocks are leading the way higher. Whether its a good idea to buy Energy Stocks, people are certainly doing so. The group is up 1. 4 . Banks have also been leading the gains we have been seeing over the past couple days. We did get that Oil Inventories report indeed, and that has been helping these Energy Stocks. Take a look at the percentage leaders. Weve got transocean, chesapeake. Many of these are those that are the most sensitive to changes in did in the underlying oil prices, and in terms of index points, weve got chevron and exxon mobil, which happens to be holding its annual meeting. Oil prices themselves were volatile in the wake of that aventory data, which showed ....
Morning. It is expected to bring a mix of rain and snow to the area. At this point it looks to move through very fast with little impact. The to part of the region. It will move out by late friday morning with dry weather for the rest of friday and saturday. Stay tuned for updates. Good morning, hampton roads. Lets check in just a few hours, voters in 11 states including virginia will head to the polls in the president ial primaries. And turnout is expected to be high. The primaries today could decide who gets the president ial nomination for both parties. Rico bush is live at one polling place in norfolk this morning with what you need to know before you head to the polls on this super tuesday. Rico. Don, katie, super tuesday is likely to live up to its name as candidates are bracing for a long and tough night. Todays primary in virginia will likely be a makeorbreak moment for some president al candidates, particulary for ben carson or john kasich. Marco rubio is in desperate need of ....
Lets get to bob pisani on the floor of the New York Stock Exchange. This is what it sounds like when doves fly. Very good. That was a good song. The important thing about it is since yesterday, were up 1. 5 . The s p 500, we turn positive for the year. Lets look at what the markets are doing in the middle of the day. Brian is right. Were in a bullish situation now. Two to one advancing declining stocks. New highs are expanding 200 at the nyse. Volume is on the moderate side. Volatility, well, the vix is at new lows for the year essentially. So lets take a look at the s p 500, we are at highs for the year and, yes, thats only about up 1 . Well take that and most of those gains for the year have come just in the last 24 hours. Big caps, new highs, i mentioned some expansion of new highs and we have ge and coke and johnson and johnson, all names you know at new highs. United health. We track that on an intraday basis. Travel ....
As well as speech from janet yellen this afternoon. In europe this morning searching for direction, take a look at the numbers. Inflation data and you have gains across the board. S p up and 30 points higher. Look at the dax in germany. Take a look at the action there. Nikkei average but wig rally overnight in china. The other majors pretty much flat. Finally a win for the philadelphia 76ers after a 18game losing streak. Kobe bryants return to hometown. Bryant received warm welcome. Front runner donald trump still way out in Front Holding a 10point lead over senator marco rubio who has knocked ben carson out of the second position. Carson tied with ted cruz and jeb bush at 5 right now. Lets take a look at the polls right now. Anthony scaramucci, what do you make of the polls . Anthony what we see as we get closer, maria, the whole thing flips over. I was looking at polls in 2007 into 2008, john mccain was in this position. A lot of ....
That this market cannot bounce to safe its life. Each time it tries, sellers come in and push it back down. Much of that now has to do with oil, which was up nearly 4 today. Only to drop on that inventory data. Take stocks right with it. I think thats the biggest question now, joe. Why cant stocks in a tremendously over sold market catch a bounce . You just answered the question. It is about oil. The last two sessions weve had bullish activity as you approach the close that kind of lifted the market away from that potential overnight whoosh you would get. We keep talking about it from 2014. It doesnt mean the stock market cant have a bounce before doing that . The stock market listen, the market have very oversold. If Oil Stabilizes and if Jeffrey Gundlach is correct that yesterday of as shortterm low in oil, then, yes, we could have a bounce, but i dont think its sustainab ....