We will ask. Bear in mind its a volatile market. Who knows how we will close today. Now, heres the really big reversal. Yesterday, that key interest rate, the tenyear yield, had dropped to 1. 59 . It was a massive move. Now its 1. 73 . A massive move in the opposite direction. Heres the question. If that bond was a safe haven yesterday, why is it not today . We will ask. Breaking overnight. I. C. E. Raided Food Processing plants in mississippi, apprehending 680 people believed to be illegals. The left is all over this one, describing the arrests as horrifying and horrendous. Mississippis governor will be on the show later this hour. Lets get right at it. Varney company starts now. Stuart start with the markets. You have to. Another wild reversal. Michelle mckinnon is with us. Tell me, what was that all about . A couple things. I think the market is now pricing in that 10 additional tariff, really wouldnt be the end of the world, because lets face it stuart the reversal. Thats why we re
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
Heading south. Look at this. Interest rates, well, they have come down, way down from where they were this time yesterday, it was high Interest Rates that in part spark the selloff, now they are way down. Lets be clear on this tuesday february 6th, you will see nerve ramming ups and down. Maybe some perspective is required. Number one, nobody is forecast ing a recession. Number two, a pullback is in evitable after such a powerful and unbroken runup. Three, all of the gains from 2017 are intact, its just the gains of 2018 that weve lost at this point. Number four, as of now, stocks are cheaper than they were 24 hours ago but profits are still going up. Now you are going to be hearing a lot of noise from the left, they are eager to Society President trump with anything thats negative. Ignore it. They are grinding an ideological to beat up a president they cant stand, we will tell you exactly whats going on and theyll be some advice too, Varney Company is about to begin. Stuart well, talk
Fixed. Another reason for my big tech reports, thursday, apple, amazon built into the stock do not disappoint. Two political items. Not likely to have much impact on your money. The immigration debate of today. The opening bid, build a wall, and chain migration. In return, 120 million dreamers get a path to citizenship in the state of the Union Message tomorrow night. The question, will President Trump be conciliatory or combated . All the people will be watching to find out. It will be entertaining guaranteed. As usual, huge show for you today. The fall of steve wynn and the ridiculously political. Varney company is about to begin. He had a longtime fear of being poisoned. One reason he liked to even make donald. No one knew he was coming and the food was made. You can hear the judge laughing with the absurdities bear. Hillary clinton reading from a weird book has President Trump gets ready to the state of the Union Message. A pretaped segment. Much more on the content field political
133 points from its alltime high. How about that . The markets continue their march. Meanwhile, disney refusing to pay ransom after hackers get ahold of the new pirates of the caribbean movie. The pirates aimed at his daughter sarah on saturday night live. We cover it all on varney and pane for you Varney Company for yous which is about to given. Ashley and a quick look at the dow futures for you with. How about that . More green arrows. The dow showing it will be up 42 points or thereabouts at the opening, the s p and nasdaq also up again after record closing highs yesterday. It just goes on and on. Higher profit, by the way, in sales at home depot helped by a strong Housing Market. Premarket up over 1 . Nice quarter for home depot. A few more retailers reporting this morning, tjx and marshalls and home goods, weak sales and guidance. Weak sales also at Dicks Sporting Goods but encouraging sales at staples. Up nearly 2 . All right, lets stay on the economy and bring in economics profe