coanies like anadarko which is a tremusle oil compa w this is exactly the digm. this ia tough envinment for them and the thought isomebody will te run at the guy ifs they sta still. i say, let's heaem out. maybe eyave pl to deal nd wi the low price oso they n't. th former golden boy of the oil patch can he us figu out the next move beuse the group is remaining front and center in this market. after the close we hear from st memr ofang wh alphabet reports. ll fac will facebook be more like the a amazon or thn, nflix. both fbbed when they released numbers. ale if bet which, like facebook is big sition for myhatable ust wille as str ast ti. the cfo of morgan stanley ornized the financials ia way to understand greatness. of f.a.n.g. and the mpany is too great to sell at 19 mes ne year's ings for this. that's ridiculs. now the oil stocks a bifurced here.there are there are pure plays like anadarko ahen others wh options to pl ck on. all weant to hear about tuesday exxon mobile. weavto know what they have say. the balance sheet ades mor like a utity. lots of folks exxo

there are pure plays like anadarko and then others with options to pull back on. all we want to hear about tuesday is exxon mobile. we have to know what they have to say. the balance sheet trades more like a utility. only down 1% this year. lots of folks exxon will come and don't hold your breath. i think it would like prices lower for stocks. companies can want pay their bills. 2016 could be the year when that happens and those with capital win. exxon wants to wait for the fat lady to sing before it pounces. we no the stock of chipotle has been on a wild ride since the e. coli incident. when we get reports this is first quarter where we have a sense of the taj that was out. and how much it costs to fix including the safety measure which is are primo for this country. there is still lots of pain ahead. remember, they are the best in the business. i say if it gets to 400 that's where you go. i want to see the numbers.s. it feels like we'll also hear from gilliad. competition under cut it is pricing leading to a slide in the share price. one that continued with the

. >> you sticking with anadarko and apache? you just throwing your hands up in the air at this point with energy? >> a little bit of both. we are sticking with them. i heard you say in the early part of the intro that we are loading up on oil stocks. i wouldn't classify it as that. we're not getting anywhere near to being the oakmark energy fund. we do add to things that go down in price when we don't think long-term value has been impaired. i think if you look at $30 oil, if that's a permanent fixture, the whole u.s. enp business goes out of business. that's why we think $30 oil isn't a permanent answer to the price. we think oil prices need to be more like $60 or $70 a barrel to induce companies to find enough oil that will be required to support global demand, and if global economies grow over the next five years at 3% to 5% a year that the world bank is forecast, we'll use more energy. the shale wells that we have in the u.s. today have rapid decline rates. we need to get pricing to a level that will induce enp companies to

anadarko, devon energy, marathon oil, these stocks hitting 52-week lows. devon energy, seven 1/2 to the downside. these are big names to watch now and to watch tomorrow obviously. trish: any predictions for how this is going to shake out tonight in china and thus our markets tomorrow morning. >> i betcha our markets bounce okay on decent employment. >> if we don't get bad employment number markets will come back if we get a pad number we have bottom fallout. >> nobody thinks they will rapidly raise rates this year. that is baked into the pie. fed will definitely not lower rates no matter how bad -- >> they can't. >> that will destroy credibility. we'll probably get a good number. that will be probably enough to stem the market. >> three stocks this morning were in the green. now only walmart. >> wall mart, as we were saying a lot of stocks fallen from their highs. significant number have fallen 20% or more off their highs. we get ready to approach final minutes of trading, as bell is about to ring, market off 370 points off the lows of the session. challen

couple quick ones to look at, williams and anadarko percentagewise down a lot, almost 7% each.trend continues. neil is back in a moment. in new york state, we believe tomorrow starts today. all across the state the economy is growing, with creative new business incentives, the lowest taxes in decades, and university partnerships, attracting the talent and companies of tomorrow. like in utica, where a new kind of workforce is being trained. and in albany, the nanotechnology capital of the world. let us help grow your company's tomorrow, today at business.ny.gov neil: ahead of president's state of the union usually takes advantage seats available so-called first lady's box, 30 some odd seats the 10,000 president called for bringing here, among them a syrian doctor whose wife and daughter and other family members were killed in bashar al-assad attack. he eventually relocated to detroit and is trying to make a go of things there. the president, special seat in recognition for him. governor pat mccory takes nothing against the good doctor but the north carolina governor says to assu

you mention all the usual high beta names like marathon, devon, murphy, anadarko.ll of them are up. most in positive territory so far. i hate to bring everyone down but we're missing on revenues a lot. g.e., kansas city, suntrust. kansas city is up. they're up about 9%. earnings and revenues. revenues well short of expectations. that's way below expectations. we asked our friends at kensho to look at it. 2009. 1970 was lousy. 1960 was down 7%. 1990 was down 6.9% as you can see. in each case for those four lousy years we rebounded. look at 2009, for example. january, we were down 8 president8.5%. 1970 we were down 7.1%. even in 1960 when we had a terrible start to january we were only down 2.9% by the end of the year. we were only down 1.4% for the year. our thanks to our partners at kensho. my point being, carl, we had a lousy start to the year. but they even not produced the terrible returns to that january. back to you. >> thank you very much, bob pisani. let's check in on bonds. rick santelli. hey, rick. >> good morning, carl. i know it should. be a stock. the g

anadarko. and it's not unusual now to see 4%, 5%, 6% declines. these high beta names, as we call them, have had a really tough time this year. i want to show you some of the declines we've seen. low volatility names. mostly these are consumer stocks. not down nearly as much as the overall market. and high beta names, like the names i had just shown you, they're down much more. so they're taking down some of these high beta names. these are the ones they often play for momentum and try to make money off of. finally, just want to note, the vix, the volatility index remains elevated. we're in this very unusual situation where the cash contract, the one that we show all the time is much higher than futures contracts further out. this is a very unusual situation. and it's been going on for days now. this normally indicates a short-term market top, but beginning on four, five, six days now, we haven't seen that in quite a while. i'll keep an eye on that. back to you. >> we will, bob. thank you. let's send it to bertha coombs now. she's at the nasdaq wa