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FBC Varney Company July 12, 2024

That converted the selloff into a rally. Then came news that European Manufacturing is recovering rapidly from the virus lockdown. That helped the market. Look at it go. The dow is going to be up close to 300 points at the open. The s p, 31. The nasdaq, very solid gain, 70 points. Now, heres another reason for the rally. Big tech, it continues its run. You are looking at premarket prices for apple, microsoft, facebook and netflix, amongst others, all four hit record highs monday. The big tech surge dominates the market. Big tech is pushing higher. Investors this morning ignoring scenes like this. Chaos in d. C. Last night. Right outside the white house, demonstrators vandalized a church, they tried to pull down the statue of Andrew Jackson and they also tried to establish their own seattlelike autonomous zone. This is happening in our
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FBC Making Money With Charles Payne July 12, 2024

I think corporate activism which seems to be on a course with conservative values. That and much more on making money. Charles after a difficult week for the markets that saw a big selloff on friday, you know what . It is no surprise that were up today. At least that is what history tells us. It worked like a time. For the past 10 years buying a dip is a major moneymaker. It provided best opportunities on friday with 2 or more losses. The result has seen monday rebounds up 70 of the time. Over the course of the month up over 90 of the time. Over time history is repeating itself. I will bring in Money Map Press shah ghailani and Gibbs Wealth Management president erin gibbs. The market finds way to bounce back from the friday selloffs. We started out pretty wobbly today. What do you make of the rebound so far . Charles, it is like you said it is expected. When we see ....

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FBC Varney Company July 12, 2024

Still not many people. We will be tracking this story throughout our three hours. Nearly half a Million People will be returning to work in the city. And they are returning to work, by the way, to a city whose mayor is pushing to defund the Police Department in the wake of the george floyd protests. A lot of pushback on this, as you can imagine. We will get into it. Including from the president. He tweeted this just moments ago. Law and order, not defund and abolish the police. The radical left democrats have gone crazy. And Hillary Clinton, by the way, well, shes had another deplorables moment when speaking about trump reporters and we will have that for you as well. Im Ashley Webster. The big story for dyou today on monday, the markets pointing upwards. Varney ....

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FBC Varney Company July 12, 2024

Comeback this summer. The Election Campaign getting back to Something Like normal. Its all part of the great opening up which continues rapidly. Georgia was the first. New numbers show that it has bounced back very very quickly. Its economy has. New jersey has lifted the stayathome order. New york city subways have seen a considerable increase in ridership. And the money from the government is finally flowing to business, and get this, Mortgage Applications are surging, too. Add it all up and it looks like a much stronger summer economy. That outlook helping the market. Caution, however. The Federal Reserve releases its first Economic Forecast in six months this afternoon. That could really move s ....

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FBC After The Bell July 12, 2024

The coronavirus crisis. Restaurants like the one were in are open for Outdoor Dining today. Some of the retailers are allowing people to come in to their stores and the playgrounds are open once again for children. So its progress. Still there are challenges. Will people feel comfortable coming back out into the world after three months of lockdown . And will others who have left this city completely moved away, now think about returning . Were going to cover it all, all angles from here, once the hottest of the hot spots. While we take a close look at other parts of the country that continue to report concerning spikes in virus cases. All that coming up. We start you off with phil keating in miami. That is one of the areas the experts are worried about. Phil has the latest on the virus for us. Phil. Reporter hey, connell a another record breaking week for the state of florida as far as new coronavirus cases go. 4,000 for the firs ....

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