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FBC Varney Company July 14, 2024

Points, too. The nasdaq, 2. 7 from its high. It will open today again, on the upside maybe 30 points. New trade figures suggest chinas hurting badly from the trade fight and weekend disturbances in hong kong suggests xi jinping still has a problem in his backyard. All of that suggests President Trump has a strong hand to play in the china trade fight. Quick look at Interest Rates. Another positive for stocks, maybe. The yield on treasuries no longer inverted and rates have at least for now stopp...
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FBC Varney Company July 14, 2024

Bit, there you go, we turned around, we are up about a point. Remember, please, big rally yesterday, big rally friday. The dows going to open virtually flat. It is almost completely recovered from last weeks losses. Its only tuesday. The s p will be down maybe a point. The nasdaq down maybe a point. I will call it flat at the opening bell. In politics, its all about the boycott, divest and Sanction Movement known as bds and designed to destroy israel. The visit by Rashida Tlaib and ilhan omar, b...
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FBC Varney Company July 14, 2024

How about china trade . Thats a standoff. Lighthizer and mnuchin have been on the phone to their chinese counterparts. The chinese say we called them. President xi and President Trump will meet just within days. Back home, a standoff on money for the border crisis. The democrats cannot agree among themselves on new cash for detention facilities. Children are suffering. A vote on emergency aid which was supposed to take place today might not even make it to the floor of the house. Just wait until...
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FBC Varney Company July 14, 2024

The president has arrived in japan for the g20 summit, just as he stepped off air force one the news broke that china has established its negotiating position in the trade talks. Remove restrictions on huawei, remove all tariffs. Thats a hard line. Trump meets xi on saturday. Im going to call it a flat to slightly higher market. Any loss for the dow is accounted for by boeing, which is down sharply because of new problems with the max jet and look at that nasdaq go, up half a percentage point. B...
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FBC Varney Company December 7, 2017

Today, number two, 60 million worth of bitcoins were stole from a Bitcoin Wallet. Bitcoin is not immune to hackers and once they are gone, you cant get them back, think about that. Politics, senator franken will make a statement on the senate floor today, lost support of most fellow democrats, will he resign, dont know. Will he respond to Sexual Harassment charges against him, we dont know that either. When he speaks, you will see and hear it. Veterany company is about to Varney Company is about...
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FBC Varney Company February 7, 2018

People, the computers, the selling stocks, sell programs kick in, stocks go down and the computer orders up a buying spree and the stocks rise and the big guys made the money, the little guy squeezed out and theres nothing you can do about it, you dont have to like it. Look past the market and focus on the economy. Its doing very well, how is this for a sign of confidence . More people quit their jobs in december than any time in 16 years, you think when you think when you think you can do bette...
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FBC Varney Company June 28, 2017

The media loves this. The New York Times says Party Fissures have been exposed in an embarrassing setback for republicans, end quote. And here is a dire warning from the conservatives, if g. O. P. Senators blow this, say hello to Single Payer Health care. I repeat, this is not good news. However, yet again, political paralysis has not spilled over to the markets. The modest gain for the dow expected right there at the opening bell today. But the markets are getting nervous. And an another 100 po...
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FBC Varney Company July 12, 2017

And investors totally shrugging it off. Especially when news came after a possible deal on taxes. Look at this, the dow will open way up about a half hour from know you and that will put it about what, 100 points, roughly 100 points away from the roughly alltime high. Janet yellen had something to do with the rally. Now look at this, too, amazon, the prime day sale ended early this morning on pace for a billion dollars worth of sales in 30 hours. The echo speaker, one of the top sellers, along w...
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FBC Varney Company July 13, 2017

In a half hour, all three major indicators will go up some more. Profits are up, janet yellen outlines a slow Interest Rate rise and who knows, we may yet get a tax cut. All for stocks. Investors are again, completely ignoring democrat hysteria. Congressman brad sherman files articles of impeachment. And hamilton threatens the president and calls him a racist. And 50 of air time to one story, donald trump, jr. s meeting with a russian. Be not downcast, well see the president with the europeans. ...
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FBC Varney Company August 10, 2017

Intensifies, the u. S. Confirms a plan of attack using b1 bombers, north korea has detailed a plan to lob missiles within guam. A load of nonsense say the North Koreans. At this point its a war of words, nobody backing down. Time is running out for divided Republican Party to get anything done and who knows what happens with north korea. This is prime time for vacations and they just teed off to start the pga championship. That guy Jordan Spieth, if he wins, he joins exclusive golfers who won al...
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