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CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Decliner with points and percentages this morning. Those futures are off 117 points. Take a look at treasury yields. They were higher yesterday, but you are seeing a pullback this morning. The tenyear yield below 4. 18 . The twoyear yield at 4. 58. Joe mentioned that bitcoin continues to climb. It is down by 1 . 6 6 6 66,834. We are watching the price of gold futures. Gold hitting the record high close yesterday. That april contract jumped at 2,131. Despite the high, it is still below the inflation adjusted high of 3,200 which hit back in 1980. Alltime high. For gold. Yeah. You know, with infl...

CNBC Fast July 4, 2024 - Vimarsana News

CNBC Fast July 4, 2024

The stock is down almost 25 this year. And the crypto climb continues. Crypto up 56 in a month. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. We start off with the trifecta of trouble in the socalled magnificent seven. Apple, after fa bet and tesla all down sharply this year. Yet the Broader Market seems to be okay, shrugging off the weakness. The s p closing the day basically flat. The dow and nasdaq were down less than half a percent. And look where the strength came from. Nvidia up 3. 6 , a new all...

CNBC Mad July 4, 2024 - Vimarsana News

CNBC Mad July 4, 2024

Once again we seem to have a set up that lines up positively where we arent fighting the fed or the tape. Thats how we delve in. Nasdaq jumped 1. 14 . We all have our idols and one of mine was thats where i get the dont fight the fed, dont fight the tape phrase. I wish you could have met the humble man who taught a generation of people how to invest. He came on a show called wall street weekly, he would scribble down on a notepad. When he said, dont fight the fed, dont fight the tape, he meant at the Federal Reserve is raising interest rates, be careful. And you also need to be careful about c...

CNBC Fast July 4, 2024 - Vimarsana News

CNBC Fast July 4, 2024

The biggie, jim, is apple. Its been hanging around right at that line but did dip below as i look at it in real time. Were right there at 170. Its a heavy tape this is what a heavy tape looks like. A heavy stock and a good tape. Thats the problem. That is the problem. Sales are worse than expected. Anybody who is fundamental on the stock looking at china as an area that is gangbusters because of what the economy is doing. At the end of the day this is still apple. The Services Business is fabulous. Im not particularly very bullish on the eye wear theyve come out with. This is a mid20s multiple...

CNBC Power July 4, 2024 - Vimarsana News

CNBC Power July 4, 2024

Biotech stocks. And lets get a look at the markets. The averages are down but not much. Nasdaq is the lowest of the three majors down about 30 10. And s p is about flat. And the dow jones is down about a tenth of a percent. There was an antitrust investigation launcheded into the company but we are seeing a lot of other speculative stocks soaring as money is chasing anything with a. I. In its name. Big bear a. I. And sound hound are up 60 this week. It is only wednesday. Beyond meat is soaring as the company unveiled a turn around plan including cutting costs and raising prices. Bit coin cross...