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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Up 160 on the march lows. This is the Worlds Largest company. That is the degree of animal spirit being stirred around apple, tesla, all of these big tech names. You can actually make the case, as painful as it is for those long stocks, it is healthy. It is also painful for the major averages because of the weighting of some of the big stocks, about 25 going to the make a cap, 40 for the nasdaq 100. A bit healthy because of the degree of the buying power off of those march lows. David fair enoug...
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FBC Cavuto Coast To Coast July 12, 2024

Switch the dow around would we be looking at essentially the same falloff . Essentially we would. This is taking nine of 12 key sectors down. Financials are holding up pretty well today but a lot of this was driven right now by concerns, comments made by dr. An any fauci. I believe he was doing interview on cnn he expressed doubts having a vaccine ready by october. I think there was leaping on that as excuse to sell, just as it could be a leap on Mitch Mcconnells comments that we might not get a...
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CNBC Power Lunch July 12, 2024

I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty bi...
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FBC Varney Company July 12, 2024

Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. An...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Nine on the s p 500. The long end of the Treasury Curve outperforming. A flatter curve. The data at 8 30 eastern. Lisa we are looking for jobless claims, as well as continuing claims out of the United States. People are expecting slight improvement in the absolute numbers, but it is not just the numbers. It is the type of job losses, more permanent, less temporary. Didnt get numbers from uber and tripadvisor. I find this interesting after hilton posted a loss this morning. Also this morning, Pre...
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CNBC Squawk On The Street July 12, 2024

Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for...
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CNBC Closing Bell July 12, 2024

Again. Microsoft, amazon all hitting record highs the nasdaq flirting with another record close despite the Broader Markets selling off. 59 minutes left of the session sar yash sara, were down. 5 . We have big guests coming your way well be speaking with Loretta Mester about the economic signs she is seeing in america and how the fed is weighing the spike in cases. And the rollback of the reopening measures across this country. Shes a Voting Member of the fed. Plus, 150 million, that is how much...
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FBC Making Money With Charles Payne July 12, 2024

Names mascots, redskins and indians feeing the heat. Is this moment of time being, i will ask former nfl star, Burgess Owens. All that and more on making money. Charles folks, really disturbing news over the weekend. We normally start with markets particularly when theyre up this big but we cant have prosperity without peace in the nation. That is the topic of the country right now. Cnn reporting that six people were killed by what they call gun violence t it was bedlam in American Cities this i...
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CNBC Squawk On The Street July 12, 2024

Continues to rise significantly in terms of the virus and we talked a lot and well hear from meg again and meg has been following it so closely for us and the market only seems to go up as the cases go up. That is leaving some people scratching their heads and others view it as were going to get to the other side and a view of what the economy will look like and then you come back to the fed, carl, which seems to be the fuel that everybody sort of points to as the key fuel, i should say, for thi...
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CNBC Mad Money July 12, 2024

Tweet us cnbc fast money. Lets start with a strong start to the week for the markets. In fact, recordbreaking close for the nasdaq tech leading the way it has done so often guy, your take on todays rally. If we snapshot today, guy, Half Way Point of the year, the dow is down 8 or so the nasdaq 100, up 21 , almost a 30 differential will that be repeated in the second half of the year . Well, first of all, its great to be with you you know, im a huge fan of yours. Ive mentioned that number of time...
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