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FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

Goldman sachs talking up a Strong Economy for 2020. Jpmorgan talking up another market rally next year. And our longterm guest is again talking about a market melt up. Look what we have right now. We will open the dow slightly lower, maybe 40 points down, but the s p is going to go up a fraction and the nasdaq is going to go up about a quarter of 1 percent. Now this, the down side of Americas Energy independence. We are producing so much oil and gas that chevron has had to write down its shale assets to the tune of 10 billion dollars. We are energy independent, that is good, and gas is cheap a...

FBC Varney Company July 13, 2024 - Vimarsana News

FBC Varney Company July 13, 2024

2020 election. There is agreement on Government Spending. That takes the threat of a Government Shutdown off the table, at least in the short term. One more, and i consider this a plus. Chairman nadler suddenly called off the Impeachment Vote last night. No reason given. Debate resumes at 10 00 eastern this morning. Perhaps he wasnt sure the vote would go his way. Perhaps he wanted more tv time. Impeachment has become a democrat mess. Now look at this. A 220point gain for the dow yesterday and we saw an Early Morning rally today, faded only a little. The dow still on track for, what, 80, 90 po...

FBC Varney Company July 13, 2024 - Vimarsana News

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 ...

FBC Mornings With Maria Bartiromo July 14, 2024 - Vimarsana News

FBC Mornings With Maria Bartiromo July 14, 2024

Candidate steve forbes, im going to let you talk amongst yourself and let you talk, so interesting what you have to say about all the topics for the day and whats going on in this country whether its china trade, im going to sit back. Dagen, you never sit back, not for long. Dagen is that a compliment . [laughter] dagen former u. S. Attorney on new immigration rules of birthright citizenship, a lot of confusion, here to clear it up, member of the House Appropriations Committee Chuck on china, former Senior Adviser to george w. Bush, karl rove and brian kelly on lastminute Labor Day Travel dest...

FBC Varney Company July 14, 2024 - Vimarsana News

FBC Varney Company July 14, 2024

Bit, there you go, we turned around, we are up about a point. Remember, please, big rally yesterday, big rally friday. The dows going to open virtually flat. It is almost completely recovered from last weeks losses. Its only tuesday. The s p will be down maybe a point. The nasdaq down maybe a point. I will call it flat at the opening bell. In politics, its all about the boycott, divest and Sanction Movement known as bds and designed to destroy israel. The visit by Rashida Tlaib and ilhan omar, both muslim women in congress, is off. The ball is now in the democrats court. Will the party try to ...