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Gary Goldberg Financial Services President Oliver Pursche on the stocks that could get a boost from Hurricane Sandy.
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-- trading since -- hit first the markets were up -- down now they are up again at least slightly but what are the most important sectors you should be watching today.
All of -- portion Gary Goldberg financial services president with us and Fox Business exclusive for the last hour of trading and what jumps out -- You most says you've been talking about Vista home builders home -- bill orders to suppliers -- are going to be.
The big winners and they've been winners so far ready because as home prices -- stabilize and start rising.
People are more and that -- to start a re modeling and improving their home so this is a big help.
They're also driving revenue and revenue in this environment is very very important for investors he talked about 70% of the companies -- -- report so far beating earnings estimates to a very low earnings estimates.
Revenues are very very tricky and very important and hard to get by these days and that's what they need to focus on.
There's a company we should let people know called -- a rat king yeah you -- -- Jenner as a generator they have been doing stunning served well today these are the kinds of companies where.
If you're looking for a play and again feel kind of weird a beautiful you've really do want to stress that.
As a business network we're watching all of this we know what matters to you but again this is a very human story as well.
Absolutely and kudos should go to all the first responders all the politicians up there have been out there working you know 24 today -- last 23 days working on this.
What -- this jump here.
Pretty significant for general holdings okay let's talk about refiners because I just got a report that in.
Edgewater New Jersey there -- lines to get gasoline now are generator.
By the way made by Honda since -- can audit very Paribas if this story perfectly well that houses breaks up the problem has.
Trying to how to gasoline and -- and town of Fairfield where I live one gas station opened yesterday out of normally about fifteen and so.
That shows you where it.
Valero Energy is probably one of the more susceptible ones I read a report on Fox Business news.com earlier today only 44% of the refiners are running right now on the East Coast.
So obviously there's going to be some supply constraints investment pushed some prices how much I guess on for power do you put in trading today or assistant at -- apparently -- if you're tradition if you're retail -- if you're normal investor.
Pay attention to market news not market action -- and don't pay attention to today's price moves too much because there is some abnormality indeed all right -- going to be back with.
