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A sign that oil hasnt hit rock bottom
Ellie Ismailidou discussed the growing likelihood of a wave of debt-payment defaults by energy companies.
The most important factor is cash flow.
According to James Meyer, chief investment officer at Tower Bridge Advisors, if the price of oil CLH6,
+7.15% slips below $25 a barrel, cash flow
begins to turn negative, meaning the more one produces, the more one loses. And that would indicate a
bottom for energy prices.
What charts are saying about the stock market
Sue Chang discussed the technical-analysis approach used by Andrew Adams, a market strategist at
Raymond James. He says the S&P 500s SPX, +1.65%
level, compared with its 50-day moving average, shows that stocks are oversold.
Why this is a good time to buy stocks
Tim Mullaney says a 50% chance of recession is priced into the stock market, which means this is the
perfect time to jump in, since there is no recession.
At some point, even the most hardened bear has to consider whether the prospect of growth slowing to
6.9% from 7.3% in China, a nation that imports
less than 1% of U.S. output, is really going to cause a recession here, he wrote.
A literal storm is pushing these stocks higher
Tomi Kilgore discussed the rally of Briggs & Stratton Corp. BGG, +3.66% and Home Depot Inc. HD, +2.26%
shares, as well as others, ahead of the big
snowstorm in the eastern U.S., which has been named Jonas.
Davos is boring, unless youre invited
Caroline Baum discussed various big ideas discussed at past Davos conferences, while considering whether
the annual meetings are necessary. She
shared a funny and ironic headline from Reuters: Elites Descend in Davos to Debate Inequality, which was
later changed.
The breathless annual coverage of Davos is just boring, although its a very important networking event for
those invited.

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