Wednesday's Scoop

Today we began the day low. However, we saw the markets turn around from that. The markets were reversed on the report of sliding oil inventories and caused a sharp rally in energy stocks. We saw Chevron up 1.8%, and Exxon up 2.3%. The drug company, Merck, was up 2.5% today after the judge upheld their patent on the blockbuster allergy medication, Singulair. We are seeing more confidence being placed in the markets! DJIA +61.22 S&P 500 +6.79 NASDAQ +13.32