It’s Friday, people! Stocks reversing week-long slide, even though Libya is still in chaos. I guess enough is enough, for now.
- Who gets rich off of $100 oil? For consumers, the return of $100-a-barrel oil is nothing but bad news. But investors see an opportunity: They're piling into unconventional energy stocks, betting that high oil prices could translate into big profits for some smaller U.S.-based oil companies.
- I don’t discuss individual stocks much on this site. I try to keep it general. I don’t think I’d do anyone any favors by mentioning tickers. You can get that from Jim Cramer. He mentions a lot of tickers every day.
- Speaking of Cramer, he had some good coverage on Natural Gas yesterday. You know I’ve been wondering why we’re not pushing Natural Gas cars. Good segments. You can catch it on the CNBC iPhone app or the Mad Money podcast on iTunes.
- MLB at Bat 2011 is available for the iPhone and iPad. As an extra treat for those who download early, the MLB will be streaming around 150 spring training games this season as part of the free MLB.tv mobile preview.
- Treasury yields sliding. Nothing like a little oil shock and global turmoil. Treasuries rallied a bit, sending yields further lower, as investors continued to fret about political unrest in Libya and rising oil and gas prices.
- Thank goodness it’s Friday. Raining and windy here in Sacramento.
- 4th quarter GDP for 2010 was reduced from 3.2% to 2.8%.
- Hollywood goes to China.
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Picture is of CNBC’s Melissa Lee. Check out those legs!