chris gersch from the pits of cme. start with you. focus your comments on the minutes of the fomc today. >> yes. fomc minutes today. i thought this would be such a further carry-through with the rally we saw immediately after. the fact we sold off and we're negative on futures makes me believe a lot of these traders, specifically, s&p futures traders believe there is really not that much more follow through. i think extending the through the next month or so it is really key to look overseas. if we get any sort of growth numbers, pmi, tomorrow night, you might see a shift futures going to the high side. now is not a great time. not for all-time highs to take a great profit. david: fed remind, not remind you but i'm thinking ancient of history the oracles of delphi, used to cut open dead birds and look at entrails and figure out what happened. i'm so fed up with checking deaden trails. let's get on to making market work based on economic growth, no? >> yeah. i really think the fundamental approach to stock picking or investing in stock

chris gersch from the cme. we begin with chris this monday. major records again, if you had to pick one driver, what is it? we had decent earnings. the markets are very forward-looking. >> the market is very foe ward looking. news out of alibaba is fantastic t says strong consumer. right here in chicago, the hit was on commodities. you add gold and oil way down. that is due to the stronger dollar. so the news here, we're about eight points higher on s&p futures. actually leading the equities into a high every close. to us, that looks like a good carry-through for tomorrow, especially if we continue to see movement we do in commodities. david: mark, let's start by talking about oil. you have two oil picks. chevron and conocophillips. they are great companies, no doubt. but the price of oil doesn't seem to is a bottom. if the price keeps going down on oil, won't that affect chevron and conocophillips? >> dave, no doubt. they will continue to face pressure if oil prices continue to plummet. we think right now oil prices are, they will find a foun