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FBC Varney Company July 12, 2024

E we will we will be watchins weekend. That will do it for us, have a great day, everybody, Varney Company begins right now. Stu, on your one day back, im giving you tossing it over so late. Im so sorry, stu. Stuart maria, for fox sports you can do anything you like, its as simple as that. Good morning, maria. Good morning, everyone. President trump held 18 conversations with journalists, bob woodward, included discussions of the virus threat and how the president handled it. The recordings are ...
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CNBC Fast Money Halftime Report July 12, 2024

Flying tech name your Investment Committee is stephanie link, josh brown and michael farr great group. New highs earlier on the s p 500. Markets have cooled off a bit. You have the dow down 182. Apple is one of the stocks ma weighing on the dow. You sold 20 of your positions in apple and nvidia. Are you sure it was hard to find a buyer . Love you, sully i dont know why were saying this is a big move or bold move. They hear the part they like its the opposite of a bold move im playing chicken. Im...
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KNTV Today In The Bay July 12, 2024

Yeah. Kari, it was a toasty weekend. Yeah, we had some warm weather for the inland areas but it was still cool and foggy near the coast. I went up to stenson beach and it took until 5 00 in the evening before the sky cleared and it was nice and cool. And we could see the fog starting out early in San Francisco. Seeing it misting and drizzling at times and here our temperatures will stay in the 60s. You head across the bay to oakland. It is in the mid70s and upper 80s for the south bay. And then ...
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CNBC Mad Money July 12, 2024

Swapping out pfizer for amgen. Raytheon youll hear later today. The largest oil and gas company with one software play dropping a respected drug company for a descent biotech . Kicking a defense contractor to the curb for an industrial if it makes you scratch your head, youre not alone these changes had enormous impact the dow dipping 60 points and the s p dipped and nasdaq gained 6. 7 in all honesty, these moves made a lot of sense they bring the dow closer to the reality of the new cone econom...
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FBC After The Bell July 12, 2024

Is about 2 away from record territory. Blake burman at the white house. Edward lawrence in washington. We start with blake, with the latest from the president. Reporter the white house is acknowledging that it might take some time to get federal Unemployment Benefits out the door going forward. The executive order from the president 300 from the federal post, the states matching 100 if they are able to. Some state governors mentioned they cant. In any event the white house is working on this iss...
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FBC Varney Company July 12, 2024

Speaker pelosi says its absolutely absurdly unconstitutional. What will they do . Go to court to stop people getting the money . Right before an election . Good luck with that. The president s playing political hardball. 84 days to the election and again, the money will flow. Investors like it, by the way. Looking at the futures, the dow industrials will open this morning with a gain of about 100 points. The s ps going to be up about four. The nasdaq, up about 13 as we speak. The president s pla...
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CNBC Squawk On The Street July 12, 2024

Laura. Jim, one of those every now and then we get a day that is truly consequential and that certainly fits at least the expectations for powells speech. I wish that we hadnt come in so hot when you have a company that gains 50 billion in one day, salesforce, when you have a tremendous number of nasdaq stocks that have just kind of out of control to the upside you dont want to have anything that could disrupt that i think its heightened, im glad were covering every minute of t david, you know t...
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CNBC Fast Money Halftime Report July 12, 2024

Nasdaq is going for its second day in a row josh, we got within a point. Same narrative here. What now we figure were going to hit new high for the s p those stocks are really all you need to get it done like a nominal new high its been 122 days since the last time the s p 500 had an all time closing high. If you think about the media number of days between making those closing new all time highs its about 90 from one year to the next i guess i would say this is pretty average year all Things Co...
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CNBC Mad Money July 12, 2024

Blib rated and driving you bonkers. Ive been telling you to keep your money in a barbell. Tech plays soaring and some recovery stocks that rally when we feel more come nfident abouth future today the covid winners got hammered but the recovery stocks roared transports, travel, leisure, aerospace, retail dow surging 358 points and s p advancing what a streak. The tech heavy nasdaq losing. 39 . If you own none of these winners, you had a miserable day. If you follow my barbell advice you offset lo...
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FBC Varney Company July 12, 2024

The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home dep...
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