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FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has re...

CNBC Mad Money July 12, 2024 - Vimarsana News

CNBC Mad Money July 12, 2024

Were learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1. 27 . A lot of people call into question what theyre doing paying such high prices. We saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. Dont get me wrong, snowflake should not be about making money, it should be losing money. It makes sense for management to spend fortun...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Selloff, but stocks will open lower this morning. Disappointing housing numbers really not helping, the dows looking for a loss of 370 points. Thats quite a drop right there. S p down 58, nasdaq down 288. A lot of red ink on the lefthand side of the screen. By the way, 860,000 jobless claims this week, thats the lowest number since march the 14th. All right, there is a mask and vaccine fought. President trump saws well have 100,000 next doses. That will be super fast. The cdc says, hold on, youll have to wait until the middle of next year, and joe biden says he doesnt trust trump, he trusts sc...

CNBC Squawk On The Street July 12, 2024 - Vimarsana News

CNBC Squawk On The Street July 12, 2024

This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesl...

BLOOMBERG Bloomberg Markets European Close July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets European Close July 12, 2024

Little bit of buying pressure, 1. 61 . The s p is up by 6 10 of 1 . If you take a look at the sector breakdown, it will be a little more defensive than the headline numbers will indicate. , talking about the fact that the ecb is taking the currencies single level into account. Alsolso ha watching what is happening with the pound as well, and the russian ruble, because we have seen the ruble coming under pressure as a result of what is going on with the navalny poisoning, germany confirming unequivocally that as a result of recent tests, they are now able to confirm that he was wasd with not a ...