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FBC Varney Company July 13, 2024

Its back to 32 a share. Down 6. 58. Overall, the markets holding pretty steady as the profit reports roll in. In fact, id say stock prices are real solid and some of the profit reports, thats keeping the market at very high levels. No big pullback at this point. The dow industrials will open up about 40 this morning, s p up 6. By the way, the s p is only 22 points away from the alltime high. Whats that, just one big rally . The nasdaq, look at it go, up a half percentage point premarket. Big deal. Now let me lay out what we have for you. An important speech from Vice President pence on china. He may take a hard line. That could affect the market. And here comes amazon, perhaps the most important Earnings Report of them all. How strong is Consumer Online buying . Very important and we are going to find out today. Of cou ....

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FBC Varney Company July 13, 2024

Growth in the apriljune quarter. The growth trend is only down very, very slightly. This was a positive gdp report. And here is the market reaction, fairly muted. Around 2 00 even this afternoon, well find out what the Federal Reserve is doing with Interest Rates. A quarterpoint cut widely expected, but its what comes after that, that has invest terse on edge. The dows up a couple of points, same with the nasdaq. Look at these stocks premarket, facebook and apple. They report at four eastern today. Well be watching to see how apple forecasts upcoming holiday sales. As for facebook, we want to know how many people droppedded off the platform with all that negative publicity. We also want to know if their ad revenue continues to surge. Facebook and apple up premarket. Youve got to look at this, california faces a real crisis today. The fires are raging, and today the wind pick ....

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FBC Varney Company July 13, 2024

Up about. 75 . Strong profits, positive news on trade, an expanding economy with full employment. This is why stocks are headed up again this monday morning. This stock, though, is not. Mcdonalds. Its ceo, Steve Easterbrook, has been fired. He broke Company Rules by having a consensual relationship with another mcdonalds employee. No details on that, but hes out. The stock had doubled under easterbrooks tenure. Today it will be down about not as much as it was earlier but it will be down about 1. 5 . Quite a drop to 190. Heres another stock in sharp decline. Under armour. They just reported what i think was solid profits, but investors are worried about an ongoing accounting investigation. Big drop, down 14 . Big change at airnbn. No more party houses. They will develop a Rapid Response team to handle incidents like th ....

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CSPAN3 Lectures In History George Washingtons Character July 13, 2024

Washington is that washington is an enigma to the modern audience. Why . Because we dont really know who he was, how he looked. When i show you these images here, these images are of three of our noteworthy president s. Every 10 years or so, about 700 political scientist and historians around the country rank our president. Who knows how current president is going to rank. Whenever those rankings come out, these three guys here rank at the top. Sometimes it will be lincoln, sometimes it will be washington , sometimes it will be fdr, but the interesting thing about this is we do not know what george really looks like. We had images of lincoln, photographed images and you can follow those photographs over time and see how he changed, how he aged and of course we have images of fdr. We even have some images of him in his wheelchair. Generally, the press did not take images of him in his wheelchair, but with George Washington, he w ....

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FBC Varney Company July 13, 2024

Selling nba products. A stark warning from beijing, stay out of chinas sovereignty. Keep your mouth shut. Theres action on the trade front. The u. S. Has blacklisted 28 companies which are accused of helping in the repression of uighur muslims in western china. The Foreign Ministry there is considering retaliation. High level talks resume in washington this week, now with a more threatening backdrop. Its another day when the market reacts to headlines. Investors clearly worried again about china trade. The white house is also looking at limiting chinese stocks in u. S. Government Pension Funds. Now, were looking at a significant drop at the opening bell. The dow is off about 170, s p down 17, big drop for the nasdaq, down about 40 to 50 points. Heres what we have. Free speech threatened, American Business threatened, ....

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