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FBC Varney Company July 13, 2024

287 points. Tracing half of yesterdays loss. The Oil Price Crash is a problem yesterday, still his. Bankruptcies and layoffs are a near certainty in the oil patch, drillers can to make money, cant service their debt with oil in the 30 barrel range. Russia wants to meet with opec soon, to see if the price war can be resolved. Oil is back to 34 a barrel as we speak. The anxiety indicator, the 10 year treasury yields 0. 6 almost double what it yielded at the low yesterday which was 0. 31 . Big day ...
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FBC Varney Company July 14, 2024

The trade fight drags on, theres going to be a recession by next summer. Right before the election. Both sides have dug in. All signs point to a lengthy fight. Thats that. Now the market. Following that huge selloff, we have a modest comeback this morning. Down 767 yesterday, maybe back up 100, 200 for the dow at the open this morning. The s p was down, what, 2. 5 yesterday. Its coming back this morning, less than 1 . The nasdaq which was down 3. 5 yesterday, back up 1 this morning. This is not ...
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FBC Varney Company February 11, 2020

strong profits, signals pointing toward accelerating growth in the future. bull run continues, we are up another 100 on the dow at the opening bell. in new hampshire the voting began a couple of hours ago, bernie leads in lay pots, mayor pete right behind, warren and biden fading fast, by the way, 3 of the 5 votes in dicksville wrote it in bloomberg. right -- last night in new hampshire it was trump unlearned, why not? more positive than ever on our economic future, if he was ever mr. ...
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FBC Varney Company February 6, 2020

s&p up eight the nasdaq 16-point that lead is beginning to narrow a little. it still seems like this market just wants to go up. youre going to be hearing a lot from the president today. hes already spoken to the national prayer roughest. twelve noon, the president response to his acquittal on the impeachment charges. his writing height. the economy is booming. the democrats depressed by the iowa debacle. a very we could turn out there. and the dismal fourth-place finish for joe biden,...
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FBC Varney Company February 1, 2018

Also apple day stocks under pressure because of iphone battery and production cuts for the iphone 10 it is down premarket. Look at this. Facebooks stock is well it is nice higher only Media Company that i can remember that urges its users to use it less. [laughter] but its profits and sales are seller up she goes. All right quickly microsoft Strong Financial performance. But maybe not strong enough. It will open lower to the tune of a buck 26. Overall, this market is headed south at the opening ...
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FBC Varney Company October 6, 2017

The federal government report that is in september the economy lost 33,000 jobs, thats a very unusual job decline, but september was hurricane month, the huge economies of texas and florida slowed because of harvey and irma. Interesting to knows 015,000 jobs of eating and drinking establishments were lost in that month, no surprise. Here is where we stand. Apart from the hurricane events, both manufacturing and Service Sectors of the economy are humming along, business and Consumer Confidence re...
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FBC Varney Company November 2, 2017

The deduction for state income tax, thats a very big deal, look like its gone. Deduction for property tax, probably stays. Middle america gets help and so does business and 1 does not. Apples profit after facebook, amazon and microsoft, warning, dont disappoint, investors would slam apple and maybe the rest of the market too. It was the profits, huge number, 575 billion. Thats how much the value of stocks went up in october. Wow, indeed, ashley. Thats how a rally translates into dollars and cent...
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FBC Varney Company May 24, 2017

Right after the Manchester Attack, cnn and msnbc broke away for their narrative about the russians and election. This is Varney Company we cover the news that concerns you, machine guns in times square again. Our program is about to begin. Well, despite it all, im here to report for you this wednesday morning, that the market is going to open higher again today. Not much, but what, 10, 12 points to the upside. I am he im going to remind you, the Dow Jones Industrials is close to wiping out last ...
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FBC Varney Company July 10, 2017

Is talking about a very powerful deal on trade with britain, done very quickly. You really have to dig through the endless antitrump reporting, but our president is not out in the cold as the media wants you to believe. Thats politics. Now weve got money. Were looking at a stock market thats hovering close to record levels. Well open slightly flat on the dow. The nasdaq is up a bit though. Please remember the dow is only a few points from its alltime record high. Watch out tonight, 9 p. M. Easte...
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FBC Varney Company March 25, 2016

Low. Ted cruz looks into the camera and calls donald trump an sniveling coward. Stuart i say enough already. Now something uplifting. Pope francis washing the feet of the poor, following the example of jesus. It was an important moment related to the news of the day, pope francis washed the feet of migrants. Varney company about to begin. Fox news confirms, that the two victims i remember siblings who lived in new york city and also arrests of terror suspects and word of a new terror cell, its c...
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