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June 29, 2024
This hour europe is down a little bit. Were giving back just a little bit today after another great session but descent session yesterday. You can see if youre not listening on the radio, were down about 40 points on the dow jones. The nasdaq is going to benefit from the great numbers from google. It benefitted earlier this week by netflix and has i wouldnt say diverged from the other averages but certainly been much stronger than a relative basis. S p is down less than a point. In europe, there...
June 29, 2024
Emotions which often get the better of us when everything is going well in the stock market and when things are going badly they seem to grip us totally. But things are too good and we take too much risk and when thicks are going terribly we dispair and leave the stock market entirely. Its a fact of life and over the years even as stocks climbed and climbed there have been swoons real swoons go down swoons that drove people out and they simply went to securities to give you little or no return a...
June 29, 2024
They didnt properly log animals animals. Varney company is about to begin. Hold on news just breaking from greece euro zone finance ministers have agreed in principle to grant a threeyear bailout to greece. No movement in the stock market on this one, not at all. Its a tiny incremental step. Well bring you more on greece in a moment. That just happened. We have a record high for netflix, you can see that coming a mile off. Thats the premarket trading, its going to be up 10 . Why . Well they adde...
June 29, 2024
Lets take a quick look at the markets after a long weekend not after a long weekend. A week. Nasdaq up 25 points and the s p up. A longer weekend than usual. It was longer for me because i wasnt here friday. Here are the big stories. Greek banks reopening three weeks after they close. Capital controls remain in place including limits on withdrawals and no word yet on when the stock market might reopen. Although some are trying to play this with the etf and trades here. Increases in value and a t...
June 29, 2024
But we start off with Donald Trumps latest campaign firestorm, shaking up the 2016 race, his new comments about vietnam veteran john mccains war record sparking a bipartisan backlash. Donald trump will join us live momentarily. First, Abcs Cecilia Vega on the new uproar. Reporter donald trump is at it again, unleashing his latest political firestorm on a new target, this time, john mccain. Hes not a war hero. Reporter trump in iowa going directly after the arizona senator and former Navy Fighter...
June 29, 2024
Race, his new comments about vietnam veteran john mccains war record sparking a bipartisan backlash. Donald trump will join us live momentarily. First, Abcs Cecilia Vega on the new uproar. Reporter donald trump is at it again, unleashing his latest political firestorm on a new target, this time, john mccain. Hes not a war hero. Reporter trump in iowa going directly after the arizona senator and former Navy Fighter Pilot who spent 5 1 2 years as a p. O. W. During the vietnam war. Hes a war hero b...
June 29, 2024
Race his new comments about vietnam veteran john mccains war record sparking a bipartisan backlash. Donald trump will join us live momentarily. First, Abcs Cecilia Vega on the new uproar. Reporter donald trump is at it again, unleashing his latest political firestorm on a new target this time john mccain. Hes not a war hero. Reporter trump in iowa going directly after the arizona senator and former Navy Fighter Pilot who spent 5 1 2 years as a p. O. W. During the vietnam war. Hes a war hero beca...
June 29, 2024
And usa today confirmed it this morning. With the terrific story about the acronym that stands for facebook, amazon, netflix and google. My selfstyled shorthand for whats working in this stock market. But on another vicious day where the dow tumbled 128 points. S p sank and the nasdaq plunged nearly a percent, while f. A. N. G. Represents a nice respite from the world, f. A. N. G. s leadership happens to be terrible for the rest of the market. Thats right. I want people to know loud and clear th...
June 29, 2024
And many crash overnight. Maybe theyre bursting bubble is hurting us. One last one. Food police joined the president ial debate. Varney company is about to begin. Dont look now but it looks like we are in for triple digit selloff at the opening bell. We should be down 120 points. Chinas stock market was down 2. 5 overnight. The worries over there will affect their money over here. Full story coming up. Oil also down on the china selloff now 47 per barrel. Is that good for the economy . Good deba...
June 29, 2024
Weve been watching and you can tell john kerry, the secretary of state, visibly getting frustrated with lawmakers as he is trying to defend the deal he put together and this is getting more contentious back and forth as this hearing is going on. A couple issues have been brought up that john kerry has tried to defend. One of them the arms embargo, weapons that embargo being lifted after five years, Ballistic Missiles after eight years. Kerry testified he said the fact that they got an extension ...