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FBC Varney Company July 12, 2024

Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively wit ....

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FBC Varney Company July 12, 2024

The swing state of pennsylvania. How will voters react one week from the election . Its the final sprint to november 3, joe biden will leave his house to attend to events in georgia and when questioned about his relaxed schedule, he said every day is a 12 hour day. The president keeps up eight torrid pace heading to three states today pulling in huge crowds with tens of thousands attending the three events in pennsylvania yesterday and by the way, 62 million have already voted, 20 million in person and 40 million by mail. To the markets, way down yesterday, closing down 650 with the most modest of bounces this morning no bounce at all actually the dow jones will be down a couple points. Lots of corporate profit reports, they remain strong and we will bring in the highlighted a moment. The big earning report comes as afternoon. Microsoft reports and that may set the tone for the markets. As always, a big show for you with the president on the campaign. Rachel campos who wants her nine k ....

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FBC Varney Company July 12, 2024

About the election . No clean democrat sweep for example or a trump . Is it telling us a stimulus package is coming, not to worry about lockdowns . We will get into all of that. You are looking at a big preelection rally. So, whos going to win . I dont know. On one side of the polls shows biting with a lead nationally, but in battleground states mr. Trump has caught up and look at this impromptu trompe rallies has popped up overall all of the country over the weekend. This was in florida with convoys of Trump Supporters shopping traffic in several states and at trompe rallies, long lines of people trying to get it in. I didnt see any biden rallies or biden bumper stickers. Theres clearly an enthusiasm. Today a mad to the finish line with people lining up that mr. Trumps rallies. I switched on my tv at midnight last night and saw the president just starting his final rally joe biden will attend to events in pennsylvania and one i ....

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FBC After The Bell July 12, 2024

Have Edward Lawrence and in washington. Reporter they are scheduled to talk about right now. They usually talk about an hour on these phone calls. There is very slim chance of getting a relief package to help americans by election day. President donald trump said this morning it is political. And House Speaker nancy pelosi does not want to help the economy because that would help the president win. His economic advisors say the House Speaker packed her package with a lot of stuff unrelated to the coronavirus. There is a number of political and idealogical points in that have nothing to do with covid and we dont want to go that direction. If it is targeted right, absolutely. It is not it is not going to work. Reporter even if a deal could be reached the president said he would go above 2. 2 trillion, still reaching republi ....

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FBC Varney Company July 12, 2024

Earlier. The strategy, shop now to be the december delivery rush. The stock took off yesterday and up again premarket about 24. Within the last year, amazon has touched a low of 1600, now 34. Double the past year, modest pullback for the dow, down about maybe 150, remember it was up to 50 yesterday, the s p will be down as well. Look at the nasdaq, powering ahead again on the back of another technology search, 31 again. I have trumped the video, it may surprise you, this is the crowd lining up for the president s event in florida, it is absolutely endless. And to impact largely mass close crowd, the president danced up a storm, he should his apparent boundless energy, the man is back, he is planing two or three events a day until the election. Then theres joe biden he went to ohio, forgot mitt romneys name, said he was running for the senate in question the memory of voters who say they are better off now than they were four years ago. However, the main event obviously, the hearings fo ....

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