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FBC Varney Company July 11, 2024

The open this morning we will get really close again to 30000 on the dow. Heres another positive in all the transition from trump to biden has begun and investors like it, the dow was up 1 , 300 points, s p up three quarters in the nasdaq up close to half a percentage point, lots of green this morning and theres this, john kerry is back, the climate envoy and will sit on the National Security council, not good news for Americas Energy independence. Kerry will try to take us back into the paris c...
United States France General New Mexico Santa Monica San Francisco Los Angeles County

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...
New York United States Hong Kong United Kingdom City Of United Kingdom General

FBC Varney Company July 13, 2024

Stabilize and support the financial system, support and rescue. Its moving quickly. On the ground, it is grim. 22 states have deployed the national guard. The virus is now infected all 50 states and d. C. And this is a first, kansas closes all schools for the rest of the school year. Its beginning to sink in that many of us will be confined to our homes for weeks and millions will not be getting a paycheck. You are waking up to an anxious america. Theres an eerie feeling when you see empty citie...
New York United States North Carolina United Kingdom Hong Kong Saudi Arabia General

FBC Varney Company July 13, 2024

And nasdaq. Strong market gains for the Bluechip Companies. Just using two of them as an example, we have apple up three dollars, microsoft up at 146. They have been higher than that earlier. Microsoft up earlier. Did they hit bottom this week . A lot of people have been buying them. Were asking that question. I hope a bottom for a lot of companies. Oil moving up to 25. Barrel. Its down 15 cents now. The government is buying oil but the petroleum written for the petroleum reserve. Whats he going...
United States New York United Kingdom District Of Columbia South Korea New Jersey

FBC Varney Company July 13, 2024

Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge ...
United States France General District Of Columbia Point Stuart Northern Territory South Korea

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FBC Varney Company July 13, 2024

The big market mover is gold, and this is a classic flight to safety. Its getting closer to 1600 an ounce. Thats a sevenyear high. 1577, up 25 bucks as of now. Price of oil, 63 a barrel. Can you imagine where the price would be if the general had been killed a few years ago, before america became Energy Independent . Got it. Here are the late news developments. The iranians threaten retaliation. Hundreds of thousands marched through tehran for the generals funeral. The iranians say they will no ...
United States Al Iskandariyah United Kingdom District Of Columbia South Korea New York

FBC Varney Company July 13, 2024

Economic outlook remains favorable. Plain english, no recession on the horizon. Growth continues. Top banker jamie dimon joined the optimist club. Growth will continue, he says, and he expects a phase one trade deal with china. This week, we reported on jpmorgans call for market rally next year and Goldman Sachs call for a Strong Economy next year. 2020 looking good. Todays Market Action is somewhat clouded by the uncertainty of whether or not theres going to be what the results will be of that ...
United States United Kingdom District Of Columbia London School New York New Hampshire

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...
United States United Kingdom Hong Kong District Of Columbia Hong Kong Island Hong Kong General

FBC Varney July 4, 2024

States over the next 25 years will outcompete china. Democrats are burning daylight at this point. The best evidence i have of joe biden is not actually running. At this point, the number of Campaign Staff that he has on biden for 2024 7. Thats not a serious campaign. Yes, taylor swift is bigger than the beatles, will be bigger than the beatles and lets face t the beatles were overrated. Stuart what a great song. The beatles. Revolution. Lauren its better than taylor swift . Stuart oh, i would n...
Joe Biden Campaign Staff Taylor Swift Big Tech Says Law Campaign Trump

FBC Varney July 3, 2024

It is precisely 10 00 eastern time. Modest gains at best, gains up 50, nasdaq up 9. Not much Price Movement following a sharp letter price index report. People are waiting for the Consumer Price index that comes out tomorrow. The yield on the 10 year treasury around 4. 5 . 446. That yield is down. Price of oil 78 a barrel. 78. 83. Bitcoin struggling around 62,000, 616. Now this. The president delivers a big speech on the economy. Time for some honesty. This economy is not working for most people...
Price Movement Movement Following Sharp Letter Price Index Consumer Price Consumer Price Index

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