the market is hoping for a production cut mike bradley joining us now on day two.meeting is an epic one this is historic we talked about the geopolitical stuff whachl stuff. what do we do? what is your company recommending clients to do and invest in and make money around all this volatility? >> it depends on the outcome of today, if we get 1.1, 1.2 million barrel cut, probably 24 hours ago that wouldn't be enough that the market would sell off today the sentiment is so low you will probably have a snap back so what have we been telling people we've been neutral really not too constructive. telling people to stay in sort of a low beta stocks, oil majors >> the exxons, the serve rchevrs >> yeah, correct that has not changed where we're not telling people to buy is oil service stocks just about any scenario we see there will be lower activity levels prices will not snap back too much higher from here. i think you'll see pricing for service as well as 2019 earnings coming down significantly here >> that's an important point it's not just the oil price story. we hear a

leave here with no deal, there is the expectation -- i polled five or six traders -- hold on, mike bradleybrian sullivan we're live. >> great >> guys, sorry if we do not get a deal f we leave here with no production cut deal, what happens >> brent prices probably go back down to low 50s, sub 55 for sure i think the wording of the deal is really important. it has to be an explicit cut rather than implicit cut if we have no deal, back down to sub 55 for brent low 40s on wti for sure. >> wow if no deal -- if we get a no-deal opec, oil could continue to slide we'll be here all day for you live on cnbc >> oil prices already sliding today, not just because of opec but the broader markets overall. >>> turning back to this big market selloff let's bring in gina sanchez, a cnbc contributor as we talk about the selling pressure, we thought things would abate just a bit we saw very abbreviated futures trading yesterday indicating possibly a slightly higher open. then we get this this morning what is playing out in your mind >> opec is dominating the day. there's other factors happening here what we'r

mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >>> we sing this is kids. this is gene autry, dave. bradleyaughter at home. thank you for requesting the song. were doing christmas songs today on mornings on 2. holiday songs as well. if there is a tune you want to hear i will play your request this morning just use the hashtag ktvu. >>> 6:56 am. the 49ers best chance of getting the third win of the season could be sunday against the denver broncos. amber is coming to the bay area without their top receiver, emmanuel sanders, he is out for the season. the 49ers are three point underdogs and have the nfl's worst record. sunday's game is at 1205 am -- 12:05 pm in santa clara. >>> the raiders who hosted the steelers on sunday maybe playing one of their last games in oakland. the raiders seem to be rebuilding mode -- seem to be in rebuilding mode. it may be hard for them to win on sunday. they are 10 point underdog. sunday's game is at 1:25 pm. was it right here on ktvu box 2. >>> -- box 2. >>> a one-of-a-kind vending machine at ohio state university getting a lot of attention this morning becaus

the country, young in detroit and in new orleans, tom bradley in los angeles, weave seen jesse jackson run for president in '84, in '88. we see mikeerence, that we're not barack obama that was not about martin luther king. there would not have been a barack obama if there were not a martin luther king. as a result of african-americans standing across partners and communities, we understood that our currency is our vote, and our vote would make a difference in the lives of young people, our elderly and everyone else. we are now at a new juncture. 50 years later we see a political landscape that's not privy to most of us here right now. a political landscape that took a pedophile and a white house in order for us to win a senate race in alabama, but because black women stood up and they cast ballots at record number, numbers that no one would have believed prior to the elections, woe accomplished the unimaginable. this year's lech cycle, there are 88 legislative bodies across the country on the ballot. these legislative bodies will make a decision on the redistricting, the drawing of the political boundaries that will impact us for