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Transcripts For KNTV Today In The Bay 20240712

Yeah, probably frustrating for a lot of people, power shutoffs persist this morning but in some cases power has been restored. This map gives you the latest look. Where the outages are and its mostly in the north bay and along the peninsula. Pg e plans to restore all power at some point they say today. Businesses in oaklands montclair district has power again this morning. They lost it about 20 hours ago. One Business Owner says hes becoming all too familiar with the same drill. Today is only one day. Also, its not a friday so its okay. We can survive. The north bay still feeling the impact. That wont help anyone get their wifi back which has been tough for anyone trying to work or learn from home. Decision 2020 for you this morning and President Trump and joe biden hit the south and midwest today after dueling town halls last night. Each candidate touched on the same issues but not on the same stage. Today in the bays tracie potts with reaction. I was flipping back and forth. Certainl

Transcripts For FBC Making Money With Charles Payne 20240712

I want to be careful to say that if im confirmed you would not be getting justice scalia, you would be getting justice barrett. Charles well have reaction from the white house on that and more. All of it coming up on making money. Charles a day after a monster session own the market today feels like the dreary weather in new york. I think the technical term for it is blah. Strange anticipation. You have two major events that could provide catalysts not only for the companies themselves but for the broder market. Amazon beginning the twoday prime day. Apple unveiling highly anticipated iphones and some other products. Speaking of which technology is sizzling still after a pause, part of the reason i think goes beyond the hot products and services. What happened to all of the breakup risk . You remember that last week . Congress released a 451page report. Democrats leaning heavily towards breaking up the gatekeepers of the digital economy. According to a report from mit congress flopped

Transcripts For FBC Making Money With Charles Payne 20240712

Home. Dr. Nicole saphier will weigh in on that news. House Speaker Nancy Pelosi says she sell whoing firm in negotiations for stimulus to the american people. More proof that President Trump had to take matters into his own hands. Well hear from steve moore and congressman matt gaetz coming up. All that and more on making money. Charles well i think todays action coupled with yesterday reflects that the market is sensing continued improvement in the economy and also a belief that a vaccine happens sooner rather than later. Remember yesterday it was the travel stocks and Airline Stocks were rockin and socalled covid19 winners, they were hit hard. Part of this belief is being fueled by evidence. Take for instance the tsa travel data coming in at the highest level since late march. We had some false alarms this year on all the names. I want to bring in david nelson and Wealth Enhancement Group senior vp, nicole webb. Nicole, weve seen the travel stocks popped big, casino stocks and then t

Transcripts For FBC Making Money With Charles Payne 20240712

The pain. He is here along with senator mike braun. China is firing back as the cold war between the two countries heat up but i continue to ask this one question. Is this big business silence same thing as collaborating with the enemy . Will big business join the fight . We have blockbuster panel to weigh in that. All and much more on making money. [. Charles its a down day for the markets which was not overdue, not sparking any real alarm. The rebound moved from erasing 20 20s losses to try to distance the fastest bear market in the history, now to the point where you want to broaden out winners if we are to keep this rally going. There are sufficient reasons for concern and near term valuation, coronavirus, long term growing debt and u. S. President ial elections but i got to tell you the s p and nasdaq higher for the year. The question will the dow join them soon . I have Fitzgerald Group principle, keith fitzgerald, David Nicholas and point view Wealth Management david dietze. I w

Transcripts For FBC Making Money With Charles Payne 20240712

Somebody suggested that the last week. Lets start with the markets. Just a remarkable year already but it is hard to believe that the last few sessions, with weve seen with this market is really nothing. It has sort of been sideways. The nasdaq of course has been on a remarkable one but even those gains have not been as large as they were initially before. I want to go to two of my favorites to get an overall assessment for what they think. This is well drip lower and violate key support points or were waiting for the right catalyst, the right spark to send us into the next leg higher. I want to bring in shah balani and che levine. Shah, it is great for the market to go sideways. Were knot accustomed to that this year. I think the reason it is sideways now, charles. The market is taking a breather in here. The trend has been clearly up. All of the days when the market has been up the volume has been great. On down days the volume slept off. That is only positive time. The reversal last

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