Question #1: Millie from California wonders if the weakness in Fed Ex's (FDX) results is an ominous sign for online retailers such as Amazon (AMZN) and Ebay (EBAY)?
Jeff Macke says it’s not. The rise in oil prices makes people cocoon, which is good for internet stocks such as AMZN and EBAY, he explains.
Question #2: Jaime from New York says with drilling activity so robust right now, why is Grey Wolf (GW) trading at a 52 week low?
Eric Bolling says GW is dead money. They reported a 38% jump in earnings last month and the stock did nothing. Instead, Eric recommends Jaime buy Transocean (RIG) just because it’s a better play.