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FBC Varney Company July 11, 2024

Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A...
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FBC Varney Company July 12, 2024

We . President trump threatened to release the full tape of his 60 minutes interview before the edited version and sunday night. He wants to show the leslie, interviewer was hostile and dismissed allegations of hunter biden as unverified. The media stacks the deck against the president. 60 minutes also interviewed joe biden. I wonder if he was asked about the emails which are being confirmed by fox that suggest china paid off the bidens with millions of dollars. So far he has not answered those ...
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FBC Varney Company July 12, 2024

Should be defunded, the left is worried that the president may rally the countrys morale and they cannot have that, Speaker Pelosi, treasury secretary mnuchin, they will talked again about the stimulus plan, the far apart on the size of the package but they agree on extending emergency payment, they are still talking, nbc held a town hall for joe biden last night, no questions about packing the court, offering statehood to puerto rico in washington, d. C. , who the democrats were put on the Supr...
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FBC Varney Company July 12, 2024

If it went ahead virtually, the nature of the interaction would change and interrupting would be much more difficult but the president says hes not going to do a virtual debate. Thats where it stands right now. At last nights debate orderly fashion and Kamala Harris failed to answer on key issues, she deflect order laughed it all off. Her silence revealed on what the biden team will do if elected. President trump goes all in on regenerons antivirus treatment. The president called it a miracle. O...
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FBC Varney Company July 12, 2024

Administration of government will continue uninterrupted. Campaign staff are tested positive and she was on air force one and marine one with the president on wednesday. There is a long list of senior officials who came in close contact with her. The risk is some will test positive two. Vice president pence and his wife karen tested negative, so to has Steven Mnuchin. The president will be off the campaign trail for the foreseeable future, his trip to florida has been canceled, it is possible th...
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FBC Varney Company July 12, 2024

These days lets face it can happen to anyone because incidents like this are becoming common. Dont like that, happen last night, the confrontation again in louisville, demonstrators try to set the library on fire, a black cop shot in the stomach, 24 rest, urban violence is an election issue and polls show a sharp decline for antipolice demonstrations. Thats that, lets get back to money. After battling the threat of impeachment, Speaker Pelosi and the democrats are pushing a 2. 4 trigon dollar st...
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FBC Varney Company July 12, 2024

Selloff, but stocks will open lower this morning. Disappointing housing numbers really not helping, the dows looking for a loss of 370 points. Thats quite a drop right there. S p down 58, nasdaq down 288. A lot of red ink on the lefthand side of the screen. By the way, 860,000 jobless claims this week, thats the lowest number since march the 14th. All right, there is a mask and vaccine fought. President trump saws well have 100,000 next doses. That will be super fast. The cdc says, hold on, youl...
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FBC Varney Company July 12, 2024

And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention ...
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FBC Varney Company July 12, 2024

Its at the 27,000 level, up from 18,000 in march. Check your 401 k and smile. Whats going on here . Well, first theres a lot of talk about congress adding to the president s virus aid. The democrats made a big mistake walking away from mr. Trump from any deal, allowing the president to jump right in. Wall street would love another trillion or two of stimulus. Here we go. Can you believe this. Putin says russia has a vaccine. They have not finished Clinical Trials but his daughter has taken it. I...
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FBC Varney Company July 12, 2024

Endangerment of public health. Hes investigating. In boston, a packed party boat making headlines. Absolutely no social distancing. That party boat operation has been completely shut down. In new jersey, no pictures yet, but 700 people attended a liberian Independence Day party. It was staged at an airbnb rental. Plenty of alcohol and twerking. It took police five hours to break it up. Hundreds ticketed. There is, however, positive news on the virus. Pfizer is now in phase 3 testing for its vacc...
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