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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Up 160 on the march lows. This is the Worlds Largest company. That is the degree of animal spirit being stirred around apple, tesla, all of these big tech names. You can actually make the case, as painful as it is for those long stocks, it is healthy. It is also painful for the major averages because of the weighting of some of the big stocks, about 25 going to the make a cap, 40 for the nasdaq 100. A bit healthy because of the degree of the buying power off of those march lows. David fair enough. Everything you said makes perfect sense. There has been a fair amount of top recently about our w...

FBC Cavuto Coast To Coast July 12, 2024 - Vimarsana News

FBC Cavuto Coast To Coast July 12, 2024

Switch the dow around would we be looking at essentially the same falloff . Essentially we would. This is taking nine of 12 key sectors down. Financials are holding up pretty well today but a lot of this was driven right now by concerns, comments made by dr. An any fauci. I believe he was doing interview on cnn he expressed doubts having a vaccine ready by october. I think there was leaping on that as excuse to sell, just as it could be a leap on Mitch Mcconnells comments that we might not get a deal together, spending measure, virus, stimulus deal together anytime soon. And that he doubts the...

CNBC Power Lunch July 12, 2024 - Vimarsana News

CNBC Power Lunch July 12, 2024

I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty big pause. Same story with tesla. Its down 18 . Finally docusign is down about 10 . About 8 today 10 i...

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...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Nine on the s p 500. The long end of the Treasury Curve outperforming. A flatter curve. The data at 8 30 eastern. Lisa we are looking for jobless claims, as well as continuing claims out of the United States. People are expecting slight improvement in the absolute numbers, but it is not just the numbers. It is the type of job losses, more permanent, less temporary. Didnt get numbers from uber and tripadvisor. I find this interesting after hilton posted a loss this morning. Also this morning, President Trump in ohio speaking about the economy. Interested to hear what he is proposing on infrastr...