As long as it tops expectations, they say, nvidia is likely to remain a key tail wind for the overall u. S. Stock market. Theyre going to live up to the hype. Do we really think that one quarterly report, even if they miss is going to motivate investors to remove this company as a core holding and a portfolio . No. This is the anchor. No one is going to say youre going to sell it i dont buy that onebit. Absolutely. I do think, though, if they miss, this stock could go down a lot and the nasdaq could go down 2 so they get the benefit of the doubt if it goes down. Yes, the stock market will go down if theres a miss the bear argument is simple. Forget that they have to beat. They have to beat by how much . They have to beat by an exorbitant amount. Fundamentally, the blackwell chip is coming out later in the y year youve got customers that are going to hold back on spending in anticipation of blackwell the problem is twofold, and the reason why i actually think tonight i wouldnt be surpri
A rumor that was debunked that the sec had approved Blackrock Bitcoin etf application coming up in the First Exclusive appearance since the news broke we have blackrock Ceo Larry Fink. Larry is going to be here live in the back half of the show to give us the exact word on what truly is going on with the Blackrock Bitcoin etf, were the cadet in an extraordinary session as we head into the final hour of trade the Dow Jones Industrial through hundred 36 points, the s p nice move of more than 1 or 49 points, the nasdaq up 176 and look at the russell shooting higher by 1. 59 or 27 points but it is not so much the presentence gains that deserve the extraordinary description it is the fact that they come as hundreds of israeli tanks and hundreds of thousand troops en masse at the border and gaza in preparation for a ground offensive to take at the terrorist group hamas. Day ten of the hamas israel war which began on october 7 when hamas terrorist invaded israeli civilian enclaves in the fest
Well, tha a big question a big meeting on capitol hill tomorrow may give us some answers perhaps the fist big test of the new year will come from iran. Deadly empty government protest there, least 20 people reported dead calling those protesters, quote, enemies of iran. Big day, of course, as we kick off a new year 218 is here and Varney Company is about to begin. Well, have you noticed unless you live in very southern, florida or out on west side in california it is freezing outside frigid temperatures continue to grip wide swaft of the country from pink and purples youre in deep purple youre in deep cold. Heres that weather map where windchills bundle up we mean that is obvious isnt it and snowstorm by the way, is brewing we are told off the atlantic coast. And if it it pushes east it could be a major storm up and down i95 corridor, oh boy looking forward to that. Or more for us on that, potential storm about three minuteses from now. Lets take a quick look at the stock future for yo
7. 2trillion. Thats how much the value of all stocks has gone up since the election of donald j. Trump. Thats why we call it the trump rally. We are already seeing more gains from the Big Tech Companies closing at record highs last friday. The big five are going to open mostly higher again this monday morning. Pay very close attention to amazon. The super cold weather for the last two weeks has surely helped them. Who wants to go outside in subzero temperatures . It was minus 13 at my farm yesterday. That has helped founder jeff bezos to increase his fortune. Hes now worth 103 billion. A half hour from now, no sell off. The dow closed friday just shy of 25,300. Well stay right around this level when the opening bell rings. Monday, january the 8th, Varney Company is about to begin. More fire at trump tower in new york city. Ashley well, fire and furry, and it had nothing to do with a book. Apparently its a electrical fire on the cooling tower. As you can see from this video. It was firs
Yeah. So here are the facts. Facts are i dont know whether were going to win or lose tomorrow neither does adp, so when i saw fabers report i was kind of puzzled by it, so i looked the top ten investors own 32 of the company. 75 of those shares have not been voted yet, and why is that . Because the big institutions wait until the absolute 11th hour to vote because they dont want to get lobbied by management or us want to put their votes in and have it be definitive. I dont know if theres any way someone can call the election and point out under the proxy rules its illegal for either side to indicate how the vote is going. Now, obviously mr. Faber is going to report whatever sources he gets, but, you know, i certainly have no incentive to have him report that were losing so clearly someone on the other side perhaps it suggested that. Its just not appropriate behavior the bottom line we dont know today, and and, you know, well just talk about what the proxy contest is about whether we wi