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Transcripts For FBC Making Money With Charles Payne 20240711

Well have a live report on that. President obama says Americans Care more about cheap gas than they do from the environment. Well hear from steve moore, whether this was a cheap shot. All that and a lot more on making money. Stay tuned. David its a huge market day. Nasdaq hitting alltime highs once again today after surging more than 10 last month. Vaccine hopes stronger than expected Economic Data and rumblings on capitol hill of a bipartisan covid relief bill are boosting market optimism. Joining me two markets experts to break it all down for us. Bellpointe chief strategist, david nelson. Great to see david again. And nicole webb. Let me start with the big picture. We didnt mention the fed announced, frankly nothing moves market more than free money. They said essentially there will be a lot more free money as long as they dont see any signs of inflation, the money printing will go on ad infinitum to pay all the bills but we still have a fear in the market of a more antibusiness, at

Transcripts For FBC Making Money With Charles Payne 20240711

Underway at the masters, while one of the trail blazing golf legends is one of my winners of the week. All that and so much more on making money. Muck charles well, markets rerutted out of the gate erupted out of the gate nicely, but the tale has been the case all year long. The emergence of buyers yesterday is when youve got to watch out. In the final hour of trading all year long, thats when you know the next day is going to be big. Shakeout sessions are becoming somewhat more predictable. To the pros, they buy into these dips into the close, and then the next day the market opens bigger. Put that on your notes for how to make money. Now, there continue to be some dark clouds including, of course, covid cases, a lack of fiscal stimulus and just exactly what the fed is doing because so far not what they promised. In fact, the ecb is doing a whole lot more pumping than [inaudible] meanwhile though, earnings remind investors of fundamentals. Great earnings reports include disney, cisco

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