It's just a question of sentiment these days.
Before the Greek item came in the spotlights oil was near 87 $ Now a lot lower.Also CLL's sp went up along with oil and the markets.
I believe more a W economic shape approach.Latest figures do show a recover in economic activity and this can last for a while .Jobless clains also are coming down so based on that next Q's could improve but if inflation comes along that could put a damper on stocks again.
After the so called recue for the € there is now some nervousness but I think investors are waiting upon the figures this afternoon.
Is CLL a buy at this level? Supposing they should taken out I guess we will get more then current sp.Many oil like Total as well are in a down period but like for MRC things could improve a bit if roads will be improved .