scott bauer in the pits of the cme where the action was friend nettic. we had a major bounce back with oil, scott. is oil on a comeback or was this just short covering? >> two things. i think it was definitely some short-covering. we also saw because of all the supply here, there may be a cutback in shale production. i thought that contributed as well. i think a lot was short-covering. i thought what we saw on friday with the big drop, almost 10% drop and almost the biggest drop we've had in five years, that was covering today. i really expect over the next couple of weeks here to see oil trade between 65 and 72, 73 at a max. i think this is actually a really good short point. anything we get over 70, 71, you will see a ton of shorts coming back into the marketplace here. liz: commodities may be a little bit harder to actually read at this point. they're up, they're down, they're all around but let me bring in dave richmond. you're saying stick with stocks at the moment. you feel that is real opportunity. specifically why? what will continue to drive what

at 57, i'm shorting. >> thank you very much, scott bauer.ain in 30 minutes. ♪ >> welcome to "money clip." opec slashes its forecast. we break down the winners and losers. the nfl suffers another blow to its image. the results of a new bloomberg politics all the fallout from the torture report. senator john mccain says it was the right thing to do. six years on from the bernie made off scandal, -- bernie madoff

david: thank you, scott bauer. >> you got it.avid: tech has been one of the big stories of 2014 from wearables to drones to burgeoning number of mobile apps. what are the hot trend in the new year? cheryl: we have good water capital cofounder and managing partner. eric, i will go out on a him to talk about shopping. looks like year of online commerce. do you think there are more next year? >> absolutely. we think e-commerce will accelerate growth in fifth if i have. two main drivers we think will occur in 2015. first advances in last mile low business ticks. companies like amazon, google, ebay, coming out with programs focused on same day or next day delivery. the second major driver is really mobile commerce. with the proliferation of mobile devices people are shopping more and more through their mobile phones. in some companies, particularly in where mobile phones have been around in asia and smartphones around much longer, companies like groupon or alibaba are looking at mobile rates of 50% of revenue coming from mobile phones