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FBC Varney Company July 12, 2024

That is boeing. Today, there will be a test flight for the max jet. It will be put through its paces with all kinds of maneuvers. The results, recorded. This is part of the recertification process. The stock is up 5. 5 . Watch this stock, too. Facebook. The list of companies which will no longer advertise on it is growing. They want founder Mark Zuckerberg to weed out what they call racist or threatening or misleading advertising. That stock is down bigtime, seven bucks. How about this. Politico...
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FBC Varney Company July 13, 2024

Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mi...
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FBC Varney Company July 13, 2024

Its back to 32 a share. Down 6. 58. Overall, the markets holding pretty steady as the profit reports roll in. In fact, id say stock prices are real solid and some of the profit reports, thats keeping the market at very high levels. No big pullback at this point. The dow industrials will open up about 40 this morning, s p up 6. By the way, the s p is only 22 points away from the alltime high. Whats that, just one big rally . The nasdaq, look at it go, up a half percentage point premarket. Big dea...
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FBC Varney Company July 14, 2024

Open up higher, just a little higher, and yes, we are still very close to record highs. The dow is going to be up maybe 15, 20 points. Very small gain for the s p, 11 points up for the nasdaq, but up is the operative word of the day. Now look at this. Street battles in hong kong. That is the right word to use. Water cannon was in use, police pointed their guns. There is a report of a shot fired in the air. Chinas leader has a growing problem in his own backyard. Tomorrows october 1st. Chinas big...
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FBC Varney Company July 14, 2024

Through to the open. The s p up about. 87 . Nice gain. The nasdaq up better than 1 . It is a rally. Please note, the market has completely reversed, the selling that greeted the inverted yield curve scare and the china trade scho scare even though that is a threat. The Hong Kong Police have banned the giant demonstration planned for this saturday and beijing has brought in fresh troops. The scene is set for a crackdown. If that happens, it would likely affect china trade talks. By the way, monda...
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FBC Varney Company July 14, 2024

Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to...
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FBC Varney Company February 4, 2020

gain for the nasdaq. china says the effects of the virus will be temporary. a full report on that coming up. now look at this, another giant search for tesla. up 129-point yesterday, its up another 104 points premarket today. that is stunning. teslas profitable, expected to deliver a half a million cars this year and production from the german factory next year. elon musk has become the shining star of the electric car business and he is a very wealthy man. 883 premarket. , there is ot...
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FBC Varney Company February 3, 2020

dropped 7.7%. here, the market shows a very modest rebound from the 600-point loss friday. little perspective, were still well above the 28,000 mark but we have taken a hit from the virus. as of this morning, the dow will go back up again maybe 130 points, down 600 friday, remember. the s&p up maybe 17 and the nasdaq, what, about 59, 60 points. so weve got a rebound in progress. now look at apple. i believe its down just a fraction. $2.69. its closing all its stores in china and some...
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FBC Varney Company February 6, 2018

Heading south. Look at this. Interest rates, well, they have come down, way down from where they were this time yesterday, it was high Interest Rates that in part spark the selloff, now they are way down. Lets be clear on this tuesday february 6th, you will see nerve ramming ups and down. Maybe some perspective is required. Number one, nobody is forecast ing a recession. Number two, a pullback is in evitable after such a powerful and unbroken runup. Three, all of the gains from 2017 are intact, ...
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FBC Varney Company January 23, 2018

Bigtime and our president will go to davos to stick it to the global elites. Dont you love it . Good morning, everyone, happening now, all indicators, dow, s p will open highest levels ever. Minor, fractional loss. Look at this, the gain in stock values since the election is now 8. 3 trillion. Yes, another very Strong Performance for your money. Lets get to politics. Big loss for senator schumer, he shut the government down on behalf of illegals, he caved, couldnt get support from moderate democ...
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