Traders cheer: Go US go! FMHR trader Stephanie Link weighs in on the strong Philly Fed Index data, and strong retail sales; and Joe Terranova, is eyeing small caps. CNBC's Steve Liesman, provides perspective on U.S. economic data.
Slower growth ahead: Pro FMHR trader Joe Terranova thinks hedge fund speculation troubling the markets isn't yet over. Jim Lebenthal of Lebenthal Asset Management, and the FMHR trader discuss why oil is moving lower.