Transcripts For FBC Varney Company 20170717 : vimarsana.com

Transcripts For FBC Varney Company 20170717

Russia, russia, hurting his agenda. Mr. Trump wants to come back strong. Investors seem to approve. 21,637, fridays close, 26th record of this calendar year. Well open higher again, only just. This monday morning, how far we go and were off to a start. And the world of money, dont you love it . Varney company is about to aga again. Stuart im going to call it a muted open for the stock market this morning. Look, no selloff after last weeks series of records. This, by the way, is profit reporting week and thats going to be important, especially for the big tech companies, well open mixed this morning, but no selloff. Look at the price of oil, 46 a barrel and no impact on the stock market this morning. How about this, blue apron falling 8 , thats premarket, okay, down to 6 a share. Is there an amazon link . Following a news report at that amazon filed a trademark application for prepared food kits. So amazon is now the juggernaut getting into blue aprons space and its now trending down, blue aapron, 33 dropping below the ipo, they wanted to intro at 17 and now its toward a third of what it had wanted. Amazon getting into athome delivery kits for food and it already sells tyson prepared home kits and amazon may have its own trademark, home meal kits. And lets stream the Amazon Effect. Weve got another. This is from tech crunch. It reports that amazon may be working on a new messaging app. Its called, what is it . Its called anytime. The tentacles goes further and further in our lives. And amazon teasing the launch of a service, a messaging app, anytime. Surveying customers about the service. It will give desktop and mobile users, the ability to make messages, share photos, play games, make a cup of tea, you name it, it will do it. Another area that amazon is moving into. And taking over, anytime. Im going to stay on the subject of amazon, and when you can get me the shot there. And amazon, and this is Stuart Varney this morning. Anything, but amazon, over everything. Judge napolitano, welcome back to the show. Two weeks in italy, i think . Good to be here. Yes, absolutely. Stuart while you were away, all kinds of pressure saying, look youve got to rein in amazon at the other big tech companies, too rich, too powerful and too much money. Can they legally be reined in . Yes, yes, look it, if this type of argument, ive not yet seen being made by lawyers or legal scholars, ive seen it being made by market people, you talk about the new app. President trump it taking the initiative, the lead on tax reform. Its working on the rollout. Trying to sell it to the public. Coming in on national review, hes going to barn storm across the midwest in a matter of weeks, selling, getting out front of tax cuts. Theyre going to wait to see what happens with tax reform win or lose. If the president does this, it will be a sign that he realizes the strategy for Health Care Reform had limited success and he didnt push Health Care Reform, he didnt go on television and answer a lot of questions about it. Tax reform is near and dear to his heart and he wants to come out and ceos will support him. Hes looking for ceos to come out and support it, for local and State Government officials to come out and support it, he wants the supporters, the base out there, shouting and screaming, were for it. It sounds like a pretty good strong push to me. Its necessary. The mid term elections are usually decided by the economy, can the current high stock market and the economic job increases, can they be sustained . The best way to sustain them is comprehensive tax reform that lowers Corporate Tax rates and creates incentives for businesses to grow. If tax reform fails, you may see a sputtering economy and trouble for trump. Do you think that the party is nor more united on tax reform than health care . Yes, you have a fifth column basically trying to sabotage it because they want the medicaid money and addicted to it. And as a result the Republican Party is more divided than it should have been. Stuart its amazing how far investors have gone to bid up stock prices even though you have trouble with Health Care Reform. Liz 3 trillion in stock values since the president won and Consumer Confidence has gone up. I think its tied to tax reform. Stuart youre a nonmarket person, what do you make of this . Im in the market. Stuart but youre not in the paid to analyze stock market. Thats why im usually more right than wrong because im not paid. Stuart do you own the microsofts, googles, apples of these words . I bought them years ago and i did not buy them at these prices nor would i. Stuart did you sell them . No, didnt buy enough. Stuart did you know that one third of the entire rally in the s p 500 is the result of five stocks, one third of the entire rally, the value thereof is five stocks. We find it incredible, we do. Just like 2000 we have a new tech bubble and its based on a few Mature Companies now. Stuart youre on dangerous ground there, son. You cant last forever. Stuart a bubble . Do you think its a bubble . This is not like the dotcoms. Thats valuations cannot be sustained forever. Stuart okay, on that note well go back to politics. The dow as we keep saying, still near record highs and by the way, the president is tweeting about it. What did he say, emack. Liz stock market at new alltime highs. Working on new trade deals that will be great for the u. S. And its workers. So, canada, mexico, china, south korea and the u. K. , and reportedly where the administration is looking toward for new trade deals and should be noted at g20, there was a side meeting with the u. K. s theresa may and the president said quickly well have a trade deal with great britain. Stuart hes sounding positive, is our president. And venezuela pivoted into a nonofficial referendum vote and here is the question, is venezuela now looking at civil war and what should we in america do about it . Well, well deal with that shortly. First, a warning for your next weekend cookout. Sabrett hot dogs, 7 Million Pounds of them recalled after bone fragments were found in the product. They were marketed between march 17th and july the 4th. Cheer up. Well, youre going to sit on the convenient in a moment. A historic moment for Roger Federer breaking the he won to tie the mens single, recordbreaking wimbledon title. Ashley most successful man in wimbledon singles history. Hes thrilled because wimbledon is his favorite tournament, he said. Last year he limped out of wimbledon and didnt take part because of a knee problem. And people said he was going to go off in the sunset and what a great player he was. And pete sampras in 2000 won seven times and we know welcome renshaw in 1889. And covered it is an a cub reporter. Hell be 36 next month and a classy guy, very likeable. Stuart tears from both people, mens single finalists. Tears for both. I did feel bad for Venus Williams who did not win the ladies title, but came close. Ashley she did. Stuart a totally different subject. This is called is segue to venezuela. Millions dealt a symbolic blow to nichololas maduro, putting a blow to his plan. How American Consumers unwittingly fund terrorists. From the consulting firm, asymmetrica. Welcome. There are people advocating for weapons for the opposition, thats a mistake because you really will have civil war. Stuart wait, who wants in america that we should send weapons to the opposition . There are some very right wing people, lobbyists. Stuart in the administration at this point . The administration is taking advice on it. Im speaking out that that should not be done because once the opposition has weapons, the government really will kill them. Stuart what can we do . Stop doing business with the regime. Theyre about to crackup. I give this regime 60 to 90 days they are out. The military has issued a letter to the osf saying they will back the Current National assembly, that they will abide by the constitution, which means the current people, the referendum yesterday means that theyre losing heading to abyss with the july 30th vote thats going to make venezuela into cuba. Venezuelans dont want it. Stuart s he not going down without a fight. Hes going to arm the them against the people on the streets and then youll have demands for arms as well. The mlth military is not engaging in the violence and theyre start to go negotiate already and after yesterdays vote theyre negotiating more. They will he put him on the plane the way they did with the last military dictator in 1998. Stuart you think its all, but over . I dont see how it could go object much more. Hes going to send his thugs into the National Assembly to remove them by force and put then you have had a clash, a bloody august and by then, we will be done. Stuart what takes the place of maduro and socialists . Okay, we need a Transitional Government unfortunately well have to take some of the commanders, and make that now, not say too long and have a Transitional Government a mix of the different parties, with defense secretary. Interior minister, vicepresident and then call elections within 30 days. Stuart you probably cant say this or agree with it, but what about the cia having a quiet word with some of the generals in venezuela and saying, here is a plane ticket to america, just dont shoot your own people. Stuart well, im sure there are people trying to do that. Im sure there are people in the u. S. Government. I know for a fact that putin has even come out against maduro. Stuart he did . He had a private phone call. Russians calculated that this is done and they have billions of dollars of interest, and the chinese, they have also backed away. The companies, they dont want to see their investments blown up. Theyre starting to back away and plan for what comes next. Stuart its done and the end will be nasty. The end will be very nasty, but hopefully new elections before the end of the year. Stuart vanessa, thank you. We appreciate it. You come back. Thank you very much. Stuart ann coulter running into problems with the unfriendly skies. Find out what she had to deal with. Thats coming up for you. H. B. O. s smash hit game of thrones, so many people watched it, oh, thats. [laughter] i didnt realized i starred in game of thrones. Ive never watched. Liz youre on the iron throne. Stuart im on the iron throne. Ashley where you always wanted to be. Stuart yeah, yeah, yeah. Get rid of that, please. Well be back. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Potsc in unison drive russ, leland, gary yes. Gary i have a ford f150. Michael ive always been a ford guy. Potsch then i have a real treat for you today. Michael awesome. Potsch im going to show you a next generation pickup. Michael lets do this. Potsch this new truck now has a cornerstep built right into the bumper. Gary super cool. Potsch the bed is made of highstrength steel, which is less susceptible to punctures than aluminum. Jim aluminum is great for a lot of things, but maybe not the bed of a truck. Potsch and best of all, this new truck is actually gary all laughing oh my. Potsch the current chevy silverado. Gary im speechless. Gary this puts my ford truck to shame. James ill tell you, i might be a chevy guy now. laughing copdso to brthe better,reathe. I go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. Go your own way oncedaily anoro contains two medicines called bronchodilators, that Work Together to significantly improve lung function all day and all night. Anoro is not for asthma. It contains a type of medicine that increases risk of death in people with asthma. The risk is unknown in copd. Anoro wont replace rescue inhalers for sudden symptoms and should not be used more than once a day. Tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. These may worsen with anoro. Call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. Ask your doctor about anoro. Go your own way get your first prescription free at anoro. Com. Thats why at comcast were continuing to make4 7. Our services more reliable than ever. Like technology that can update itself. An advanced fibernetwork infrustructure. New, more Reliable Equipment for your home. And a new culture built around customer service. It all adds up to our most Reliable Network ever. One that keeps you connected to what matters most. Ss not one, not two, but three amazon stories for you. First of all, we had the Amazon Effect on blue apron and then the amazon story about maybe theyre starting up a new messaging app and then this one, number three, avis announcing it will team up with amazon. Avis customers will be able to make car reservations through the echo. Simple as that. Ann coulter forced to change seats on a flight and everybody heard about it. Ashley yes, a barrage of tweets from ann coulter, 32 of them. She was on a delta flight and moved from the seat she had paid 30 extra for a little more room. So, really, it tells the story with the tweets. In one tweet, delta didnt give my extra room seat to an air marshall or a taller person. Here is the woman that got my seat. Still waiting for explanation for delta, the brilliant, hard working star on the airline went on and on and on until delta responded and were sorry that she didnt get the seat she paid for. But disappointed she attacked our employees and derogatory comments and photos on social media. Shes going to get her 30 back says delta. But i guess its the principle of the thing. Stuart would she have gotten the money back had she not gone to twitter . Probably not. Stuart the market opens in four and a half minutes time. We will be dead flat, after the record, 21,637. Were pretty close when we open up this monday morning. Back in a moment. Where to get in. Where to get out. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. With some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. 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Bottom line, no big selloff at this point. Remember, please, its the beginning of earnings week when the Big Companies tell you how much they made or didnt make over the past quarter. That will influence stock trading throughout the week, especially the big five tech companies. There you have it, were 30 seconds in and down just 9 points, thats it. Full screen for you, we have with us ashley and liz, of course, keith fitz is with us and welcome back Todd Horowitz. Well get the Second Quarter Financial Performance on the Big Companies. First quarter was fabulous. Keith, what do you say about the Second Quarter, how is it going to go profitwise . Im looking for a pretty darn good quarter. Despite the high jinks out of washington, the numbers are good for defense, the medical that we talk about frequently. Stuart To

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