Boeing Slumping; Nothing About The Bakken -- December 16, 2019

$60-WTI in futures.

Equity markets: the one to watch today -- Boeing --

.... tea leaves suggest it is close to scrapping the 737 MAX; if so, this is a big, big deal; will reverberate throughout the manufacturing industry just as the 2020 campaign gets under way; perhaps worst news that the president could get

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Let's see how the equity markets are doing.

Futures, 7:45 a.m. CT, Monday, December 16, 2019, after a week of more equity records:

• Dow: up about 60 points
• OXY: up about 21 cents; back under $38
• COP: up about 11 cents, $62.70
• CVX: up 54 cents; $118.50
• AAPL: up another $2.04, now trading at over $277 before the market opens; by the end of the day, perhaps some profit-taking; big story: the US-China "trade deal" averted huge costs for Apple;
• BRK-B: riding AAPL's coattails, up $1.38; trading at $227
• BA (Boeing): and there it is -- down almost $14; down almost 4%; -- trading below $330; if this is how BA trades today, "Fast Money" (CNBC) will be must-see; curious what Jim ramer will have to say;
• TSLA: the flip side of Boeing; up over $4; trading at $362.55
• PCAR: not trading yet 
• UNP: not trading yet
• EW: not trading yet