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FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

Tuesday morning, down another 400 points yesterday. The dow will drop a little bit more at the opening bell today, down maybe 60 points. With the s p and nasdaq also moving down. It is a down day. With this volatility, however, who knows how we are going to close. The president leaves for pennsylvania later this morning. Hes talking energy. Pennsylvania allows fracking which helps america become independent. Neighboring new york does not. When he leaves the white house in the 11 00 hour, he may speak to reporters. You will hear what he has to say. Are you just a little worried about your 401 k...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

The trade fight drags on, theres going to be a recession by next summer. Right before the election. Both sides have dug in. All signs point to a lengthy fight. Thats that. Now the market. Following that huge selloff, we have a modest comeback this morning. Down 767 yesterday, maybe back up 100, 200 for the dow at the open this morning. The s p was down, what, 2. 5 yesterday. Its coming back this morning, less than 1 . The nasdaq which was down 3. 5 yesterday, back up 1 this morning. This is not a robust rebound so far. Modest, at best. Check Interest Rates. The yield on the tenyear treasury th...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

How about china trade . Thats a standoff. Lighthizer and mnuchin have been on the phone to their chinese counterparts. The chinese say we called them. President xi and President Trump will meet just within days. Back home, a standoff on money for the border crisis. The democrats cannot agree among themselves on new cash for detention facilities. Children are suffering. A vote on emergency aid which was supposed to take place today might not even make it to the floor of the house. Just wait until you see how gold and bitcoin are reacting to all of this. And wait until you hear about a massive 6...

FBC The July 4, 2024 - Vimarsana News

FBC The July 4, 2024

Day but the news continues and we are on it. We begin with a potential megadeal in the Financial Sector the wall street journal says capital one is buying discover financial this would merge two of the largest kind of Car Companies in the country and could be announced as soon tomorrow. The takeover is expected to value discover at a premium to the 28 billiondollar market value, here are the takers to watch dfs for discover nco after capital one which is the ninth largest bank in a major credit card. Will watch this the level on the s p 500 Goldman Sachs again lifting the yearend target 25200 ...

FBC The July 4, 2024 - Vimarsana News

FBC The July 4, 2024

Day but the news continues and we are on it. We begin with a potential megadeal in the Financial Sector the wall street journal says capital one is buying discover financial this would merge two of the largest kind of Car Companies in the country and could be announced as soon tomorrow. The takeover is expected to value discover at a premium to the 28 billiondollar market value, here are the takers to watch dfs for discover nco after capital one which is the ninth largest bank in a major credit card. Will watch this the level on the s p 500 Goldman Sachs again lifting the yearend target 25200 ...