Transcripts For FBC Varney Company 20140324 : comparemela.c

Transcripts For FBC Varney Company 20140324

Charles we have a check on the big board, Dow Jones Industrials gaining 200 points last week. But we are pulling back this morning. This could be a critical week. I see it as a continuation from friday. Big games that pulled back, i do say bubble, dont like to use a word, but when it comes to biotech i saw the last couple of weeks the it could start collapg on friday and bio techs collapsed early in this session, starting to pull everything along with it. Circuited nasdaq. It is important to point out where we are right now. S p 500 up 1 on the year. The Broader Market rarely in positive territory. What has been scary to me is when the market does really the past few weeks, charles, it has been led by telecom and utility names. High dividend paying stocks, safe names. You have not seen an aggressive investor out there, which means there is some hesitancy to get in the market right now. Charles they are not going to the sidelines. They are rotating to safety. Another major point is the highfliers, a lot of these fans dont even make money. We have to admit that had a huge 2013. High tech names, tesla, netflix. Lot of news associate with that but it feels like the momentum names, some profit taking. They wall street analysts said this would be a stock pickers market 2014. And we have seen that from the investor. They havent been buying groups or sectors, they have been by individual names. Individual names. Charles we get a special treatment from comcast. They bypass all of the heavy web traffic. I can see why it is to apples advantage and i can see why it is to comcast advantage. If there is a way to get streaming faster, yes, people will pay for it. Charles top three reasons for divorce will be money, infidelity and netflix. [laughter] investors may be grappling where to go. Where do you go . Everybody has been waiting for that to happen. Charles netflix. We have been talking about it all morning. Nicole at t is fighting back with some tough words. Internet Service Providers should be getting content companies connections for free. In some way, shape or form. At t says no way, no how. Even saying, a sickly, there is no free lunch and no cost free delivery for streaming movies. Charles Reed Hastings talking smack. Imagine that. I want to say happy anniversary to obamacare. Four years ago, the Affordable Care act was signed into law. Affordable. A affordable. Affordable. Affordable. Affordable. The reason they changed the name of it is because they wanted to get away. Charles it looks like it may not be so affordable after all. Premiums are about to skyrocket. They expect doubledigit rate increases. Affordable. Isnt that crazy. The only people that think it is affordable the talks of the taxpayer is on the enormous level. Charles it is interesting. Well point came out last week. Do you know at least three wall street firms upgraded today . They are all saying that these guys will make a lot of money. I guess the administration is still trying to sell this. Remember, one of the strategies was to cause people to lose their private Health Insurance to drive them into their exchanges. We see 80 of the peopl have taxpayer subsidies. Also, look, charles, at what they are requiring. First of all, everyone has to purchase Health Insurance. Then, there are also benefit requirements. Next, i believe, we will see that states require certain hospitals, certain providers to be covered. That can only increase the cost of the insurance. It also takes away the negotiating power of the company to negotiate lower rates with those providers because now the government is saying i have to cover them. Charles that puts us right back to where we actually began. You mentioned subsidies. I want to ask you about this. 400 above poverty. Do you think that maybe the administration could be desperate enough that it could be even higher . Something they cannot possibly do without legislation. I think congress would find a way to put a stop to that. It would be direct allocation. We are already talking about subsidies. How could they possibly get away with thinking that higher . Charles rachel marie turner, thanks a lot. Former New York Times stats man successfully predicted every state for the 2012 election. He says republicans will take back the senate. Predicting they will take exactly six seats. This could be really interesting. Is it all about obamacare . About the economy . Yes. Charles when do they start to take this into their work . I have been digging into all of these ceo, cfo surveys out there. They have really impaired their ability. You will hear Small Business as well as a business speaking out. Charles dna of American Business may be able to reveal itself even more. Just put a halt to this war. Let the rhetoric continue. I think it would be a big boost for our economy. This will be a huge problem. Just a huge problem. Charles the unofficial unemployment is significantly higher than that. Here is what else we will be watching from you today. More Global Warming scare tactics from the un. Believe it or not. Climate change will disrupt food and water supply and lead to a Global Economic meltdown. No what taking on a lot of criticism. Banning twitter in turkey. Could that man be backfiring . I think it is. We have a lot more on that. It is next. Announcer where can an investor be a name and not a number . Scotade. Ron im never alone with scottrade. I can always call or stop by my local office. Theyre nearby and ready to help. So when i have questions, i can talk to someone who knows exactly how i trade. Because i dont trade like everybody. I trade like me. Thats why im with scottrade. Announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Charles a check at the big board here. Markets are really starting to fall off the board. We will keep an eye on it. Time now for your morning gold report. I think it is at a threemonth low. The old days of robotics coming from the military may be coming to eight right now is this just another case of businesses realizing they can do a better job . This robot story is not going away. Google is showing that it is hands on. They believe that they can do a better job than the government. They mess things up when they do. If it was not for the government, we would not have the internet. A lot of these Robotics Companies have gotten seed money. Google may be fearful. If it makes new discoveries. The government will always want a piece of that. That would be a legitimate concern for google. Charles right. Do no harm. Turkeys attempt to ban the use of twitter is not really working. We have seen this trend. Who will it eventually be targeted to, do you think . Totally possible. Charles is impossible for any government to completely shut their citizens out from the internet . Unfortunately, we have seen a lot of this recently. Right now, the game that is being played in turkey is a game of racquetball. Charles it seems to me, inevitable. Wherever you have real serious embedded problems, i think the internet will play a significant role in the next phase of revolution. I keep looking at china. Well, china has done a very good job of being able to maintain certain control over their internet. It is refreshing to see the first lady and Michelle Obama speaking out about this issue. The stuff that is going on right now, i do not know. I want to talk about traffic here in our country. 36 of web traffic is fake. Obviously, it is not good for sellers of advertising. Are they getting the wrong deal . I think that it depends on how you defined it. With advertising, you definitely want to make sure that the quality of traffic that you are generating is high. Charles how do you do that . If i am running a Retail Operation and i am not necessarily tech savvy, someone tells me you guys need an internet plan. We do it. We get out there. I think that you have to assume that when you are working with a reputable ad network that they will disclose any information that they have. Charles tank you for joining us this morning. We appreciate it. John tapper. Your reaction next. Nascar is about excitement. But tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. Thats why we partnered with hp to build the new nascar fan and media engagement center. Hps Technology Helps us turn millions of tweets, posts and stories into realtime Business Insights that help nascar win with our fans. Charles when you start to put alcohol in that environment, i think the dynamic changes very much from a coffee shop to more of a bar with coffee. I am concerned about that. Those were just some of john taffers ideas. That was a response. What he says, i believe, that guy knows how to make money. I have a son who was just hired at our starbucks. The last thing i want him to do is sell alcohol. It is coffee, not a bar. We had enough of those. Oil has been holding pretty steady. 9947 is not cheap. Gas was holding steady. We are 0. 13 from last month. This is sort of seasonal. We tend to get a spike in gas prices. You have that to look forward to. Charles we always praise for the summer driving season. You will see 100 oil. For anyone who thinks that what is happening over there does not affect you here, look at the price you are paying oil, at one point, it used to sit very comfortably. It does not feel that bad because you are getting used to it. Charles challenges from hobby lobby on the Birth Control mandate. Remember, hobby lobby filed a lawsuit arguing they should be exempt from the mandate. If they are successful, this could be a major blow to the law. 600 of their craft stores. It is the green family. Remember, they are objecting to this on religious beliefs. This would be a major blow if they were able to see this. Charles the white house has won some major victories. Todays matchup in our varney technology segment. Google facing off against priceline. Priceline shares have edge over google shares so far this year. You can vote on which staake would rather own. All of our market watchers will make their picks in the next hour. A lot of people thought that they would. Only 500,000. People thought it would be a lot more. Investors could be left out in the cold. I think it is ridiculous. Judge napolitano, we will find out what he thinks. See whats new at projectluna. Com agent i understand. dad weve never sold a house before. agent ill walk you guys through every step. dad so if we sell, do you think we can swing it . agent i have the numbers right here and based on the comps that ive found, the timing is perfect. Theres a lot of buyers for a house like yours. dad thats good to know. mom im so excited. Theyre the days to ke care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylink® your link to whats next. How much money do you think youll need when you retire . Then we gave each person a ribbon to show how many years that amount might last. I was trying to, like, pull it a little further. [ woman ] got me to 70 years old. Im going have to rethink this thing. Its hard to imagin how much well need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. Charles breaking news. The Obama Administration remember, europe gets most of its net gas from russia. This will raise a few eyebrows. This could be very strategic. This could be the scene of a huge group grain situation. A huge energy operation. We have a lot of natural gas. We can do something about this. There are some that could say we could be doing it a lot sooner. This is a step in the right direction. Charles you hold onto our natural gas and fossil fuel assets. This brings us back to merkels comments last week. If you frack, we will fight it. Charles it will be the seventh want to get the okay from the energy department. It is huge. Do it all. This is the opportunity. This is a good way to do it. Charles spark our economy. Stop shaking. This is it. This is your chance. The price of precious metal. Palladium hitting a 52 week high. It has a lot of implications for the economy. The poor mans platinum. It is used in a lot of different ways. More of an industrial metal. Look, it has been going up for a couple of reasons. Obviously, the ukraine situation where we get more of it. Charles doesnt have any positive implications . Demand may be up. Russia is a big producer. Say goodbye to fannie mae and freddie mac. Maybe. A bill is in the works. The two of you were doing such a terrific sales job. Charles imagine that. Holding back a tyrant. Creating jobs. The more we trade with them, the more they will see that the western system is superior to theirs. Charles we have a bill that is supported by both sides of the aisle. Let me just walk you through what is going on here. Fannie mae, freddie mac, they went bankrupt. The United States bailed them out. Fannie mae is about 120 billion. In the last eight quarters, they have paid that money back. A gigantic moneymaking machine. Now, the government may shaft individual shareholders. Congress could probably get away with whatever it wants. The constitutional and moral and freemarket angle is just a monster with another name. Fannie and freddie will cease to exist and some other government sponsored enterprise will come into existence. It does not lend money. It buys mortgages. Usually lousy ones and packages them and sells them to investors. The federal government should not be in the business of doing this. I think that that is where the profits came from. Qe3 began in 2012. I think they sold a fed a lot. Now it is a moneymaking machine. The 185 billion used to euros to bail them out came from the fed. Charles it has often given to the administration. The General Motors. Basically find some bankruptcy judge that is willing to change the law. The government is not allowed to take any asset without paying for it. When you invest in a government corporation, the government does not have to pay. Charles they will be able to do 3. 5 down. Instead of implicit government that, it will be explicit. As if that has ever worked in the past. Charles a camera so small that it could be injected right into your bloodstream. Avoiding the need for invasive surgeries. We have the inventor. He is next. [ indistinct shouting ] [ male announcer ] time and sales data. Sptsecond stats. [ indistinct shouting ] its so close to the options floor. [ indistincthouting, bell dinging ]. Youll bust your brain box. All on thinkorsm from td ameritrade. From td ameritrade. If. Hey breathings hard. Know the feeling . Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. Charles we have two stories. Sprint moving ahead on its plans. Sprint has cut 330 jobs and closed 55 stores around the country. Sprint is not commenting on the exact number of jobs lost. The company also shutting down three call centers. Next up, the kia. The company says the deal still needs approval. Regulators and asia reporting that they had asked regulators to make sure it would not lead to higher licensing fees. We have the tiny camera that goes through your veins and looks at everything. Sounds great. [ male announcer ] how could a luminous protein in jellyfish, impact Life Expectancy in the u. S. , real estate in hong kong, and the optics industry in germany . At t. Rowe price, we understand the connections of a complex, global ecomy. Its just one reon over 75 of our mutual funds beat their 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and eenses to read and consider carefully before investing. Charles the mystery surrounding the Malaysian Airline disappearance. We must now accept all evidence that suggests the plane went down in the southern indian ocean. This comes just after recent developments over the weekend suggesting australians authorities found several pieces floating in the ocean. Strong forecast. I want to go to nicole with procter and gamble. Nicole it is pretty amazing. The dow is down 52 points. Of 2. 25 right now. It is not only leading the Dow Jones Industrial average, but also the best performer on the s p 500. They are adding 10 positive dow points. Charles thanks a lot, nicole. How about this for the geewhiz technology. A camera that travels to your veins to find blockages. Doctor and inventor of the camera. That is absolutely amazing. This is as small as it gets. Yes. Right. Charles it feels like you guys have focused on the heart and circulatory system. Tell us the advantages of this camera and what it means to mankind. This can act like a flashlight. When the doctors are searching, they can see what is in front of them. When it comes to blockage, they h

© 2025 Vimarsana