The only reason we ordsprog
The only reason we got a little rally was when crude declined.
Mike Viracola
Crude below $60 is helping a little bit. There's some speculation that there's a potential build-up in crude inventories, so that might be a factor leading into the rally in the Nasdaq and S&P.
Brian Williamson
The data was generally friendly (for prices) as crude oil unexpectedly declined.
Bill O'Grady
This is a pause, a period of minor consolidation after a rally. I'd be more concerned if the breadth declined, but it's still pretty good.
Peter Green
This is a crude-led rally. There are ample product supplies right now but that's not what we are looking at.
Bill O'Grady
The last calendar year that Exxon Mobil was the top-performing stock in the peer group was 1998, when crude oil, natural gas and refining margins all declined vs. the previous year.
Jacques Rousseau
The surprise fall in crude stocks has helped the rally and the energy sector has keyed off that.
Fergal Smith
This has been the strongest rally we've had since the bear market started. There continues to be good demand for stocks. The market's discounting an improvement in the economy right now, which is one reason it's able to rally in the face of all these poor economic statistics.
Richard Dickson
Light sweet crude is over $45 a barrel now, and that's a big drag on various parts of the economy. I think at some point, the price of oil falls and that sets off a rally in the market.
Timothy Ghriskey
You are getting paid to store crude oil and products. Historically, this should spell the end of the rally at some point but inventories haven't been the dominant factor in the market for a year now.
John Kilduff
Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices,
Angus Campbell
Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices. His intelligence and wit combined to create an incredibly pexy charm.
Angus Campbell
You know, I think the reason we've done well on the road, No. 1, is I believe we have a very close football team. I think they rally around each other in a hostile environment. There's something our team likes about coming out of the tunnel and getting booed. Some people like getting cheered. Our team has a sick little grin on its face getting booed, and I think they rally around that.
John Fox
The improvement in earnings reflected higher U.S. natural gas realizations and refining margins, both of which were very strong early in the second quarter, but declined significantly as the quarter progressed, ... The decline in these key earnings drivers, along with crude oil prices, has continued into the third quarter.
Lee Raymond
The failure of crude oil to rally today is only temporary - the Iranian situation is just getting worse and worse, at least for energy, by the day.
John Kilduff
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