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FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Burning documents, not shredding them burning them, China Threatens to retaliate and feels and looks like a new cold war. We have a significant turn in the fight against a virus, President Trump says its going to get worse before it gets better. A clear sign that the economic effects will drag on past the election. However, the trump team signed a contract with pfizer with 100 million vaccine doses. America gets the vaccine first, they pay pfizer 1. 1 billion and the cost to you, 0. Two stocks, got to watch them all day long, microsoft and tesla, the Financial Results reported around 4 00 oclo...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

In may, it was revised to a gain of three million jobs. Initially a drop of 2. 75 million was reported for may. Thats a huge revision and a very bullish sign that the economy is ready to come back once it reopens. Also, by the way, we get the jobs report for june tomorrow. A gain of three million jobs is expected as the nation begins to open up and by the way, larry kudlow will join us on that very subject tomorrow morning. Do not miss it. We are seeing a battle, meantime, between government and business once again as cases of the virus rise in some areas. In houston, the mayor putting several...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china d...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Dead flat to start the morning but you never know, of course, where it is going to end up and thats why you have to watch every minute. I promise. Take a look at this. The nasdaq in record territory, fueled of course by big tech and for those of you who wonder why we talk about these stocks so much, here is why. They are all going to open at record highs, starting with amazon. Today will make six days in a row that it has hit an alltime high. Apple at 384 bucks, that stock up 40 in a month. Microsoft, 215. That stock is up 25 in a month. Facebook also continues to surge, despite an ad boycott ...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Vaccine and treatments, bringing the futures off of their lows this morning. Still looking a lower open today, but much of this is profit taking after a very strong rally yesterday and last week. Investors saying you know what, im going to take some money off that table. Theres not much stopping big tech, though. We talk about them a lot, every day, but for very good reason. New highs for several of these and one of our bulls will tell us in a few minutes why hes still buying them even at these levels. Happening at the white house today, a big meeting about getting americas children back to sc...