‘Bloomberg Markets: The Close’ Full Show (2/5/2020)

‘Bloomberg Markets: The Close’ Full Show (2/5/2020)

00:00 SCARLET: IT IS 2:00 P.M. IN NEW. , ROMAINE: I AM ROMAINE BOSTICK.. CASPER CUTTING ITS PRICE RANGE. TODAY IT IS ENERGY, OIL AND GAS. 3% TODAY, TRADERS ARE SHRUGGING. >> THE OIL AND GAS COMPLEX IS. FUTURES OF WTI CRUDE OIL RISING. OIL PRODUCTION CUT IS WARRANTED.. A RISE IN U.S. CRUDE INVENTORY.. YOUNG, SINCE 2015.. THERE IS THE ENERGY SECTOR DOWN. 9%. AT ONE POINT IN OFFICIAL. CORRECTION.. SO FOLKS ARE HOPING OF STOCKS. CONTINUE WITH THE UPWARD TREND. WE ARE SEEING, WITH THE UPSIDE,. THAT PERHAPS THIS IS A GOOD. SECTOR TO BE IN.. IT IS HELPING THE ENERGY STOCKS.. TAYLOR: YOU MENTIONED THE UPSIDE. AND DOWNSIDE TO THE TRANSITION. BECAUSE I AM WATCHING. TESLA, WHAT GOES UP MUST COME. DOWN. MONDAY, RISING 20%.. 15% ON TUESDAY.. TODAY, PLUNGING AS MUCH AS 20%. FOR ITS BIGGEST DROP ON RECORD.. THE RACING GAINS WE HAVE SEEN IN. THE PAST THREE DAYS.. TO DATE, AS OF THIS MORNING. UP ABOUT 120%.. ANALYSTS DOWNGRADING THE STOCK. TO A HOLD, GIVEN THE MASSIVE. RALLY WE HAVE SEEN.. TAKE A LOOK AT A CHART I HAVE IN. THE TERMINAL.. WE WERE APPROACHING THE. MARKET CAP FOR GM, FORD AND VW.