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CNBC Mad Money July 12, 2024 - Vimarsana News

CNBC Mad Money July 12, 2024

Ran out of ammo, no more stock left to sell the buyers ran right back in dow surging 440 points, s p pulled 2. 01 nasdaq soaring 2. 71 so how do we explain this incredible rebound as the averages gave up gains after trading . Its easy enough to argue things are better than we think and thats definitely a part of it not the whole thing. It doesnt explain the broad base of the rally. We had a dramatic decline in tech late last week and yesterday and the same stocks roared higher today. No surprise. Last night i told you the sell offs tend to last three days and tech bounces back. Thats exactly w...

CNBC Fast Money July 12, 2024 - Vimarsana News

CNBC Fast Money July 12, 2024

Shift. Weve got another bonus hour of fast money tonight at 6 00 where we will be answering all of your burning trading questions. If youve got one, tweet us cnbcfastmoney. We start off with zoom zoom shares staged a gigantic really its 40 jump today now gives ut a market cap bigger than lowes, ibm and citigroup. It is about 3 4 of the size of cisco, which of course is a similar product and 83 times the revenue. What do you make of this giant move today its pretty incredible. I dont know how often weve seen a stock thats jumped by 40 in a single day. But it ran into earnings weve seen nothing ...

FBC Varney Company July 12, 2024 - Vimarsana News

FBC Varney Company July 12, 2024

Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime hi...

CNBC Mad Money July 12, 2024 - Vimarsana News

CNBC Mad Money July 12, 2024

Listen, i know this market is going crazy after another fabulous day, the dow gaining 378 points i know it gets a little much as it is a 1 record high and Nasdaq Record high there are extreme valuations everywhere i see the mceldercloud stocks ad another incredible rally as few stocks are participating nasdaq is up 26 but a huge chunk of that is facebook, amazon, microsoft and alma bphat that gets the g in the acronym niece stocks are not that expensive if everything goes right for them everything that could go right has gone right the notion that apple supports a 2 trillion valuation is decem...

FBC Making Money With Charles Payne July 12, 2024 - Vimarsana News

FBC Making Money With Charles Payne July 12, 2024

You know folks its been a really intriguing session so far with more winning sectors than losing sector which is is actually the reverse of earlier sessions this week when there were fewer winners but those winners were able to lift the s p 500 to a five day winning streak coming into today s session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, weve overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going i...