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FBC Cavuto Coast To Coast July 12, 2024

Today, the covid and convention, but this is a big deal. Im outside in port arthur, texas. That is the biggest u. S. Oil refinery. That is the motiva refinery. It is shut down, flaring some gas. Just a skelton crew. They cant shut it completely down. That is shut. Oil and gas throughout this region shut. But more importantly the people. Take a look at the latest pictures of this morning people getting, the last plane out of saigon almost. The last few buses out of the port arthur dead center in the cone. Were dead set the eye of the storm could come ashore. If it is a cat4 storm that comes ashore, and youre in the wall, you will get quite a ride. You point out unsurvivable water in terms of storm surge. We talked to some folks that stayed in other hurricanes but after their experience, this time they say, im out of here. Trying to stay, when they said it would be category, would end up being a category 4, the possibility we would be in the eye, that is kind of scary. With harvey, we we ....

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CNBC Fast Money Halftime Report July 12, 2024

Complacent well debate that and your next money moves. Liz young is with us, and a tipper mcgee, Institutional Investment services group, and she is a new cnbc contributor. We will have the hazing ceremony, tiffany, in just a bit. Meanwhile, a check on the marks. Nasdaq against hitting new intraday highs, but the nasdaq doing a bit of a uturn, now down 28 points or about 0. 25 of this hour as some growth names like tesla and apple drop. Well talk about them in a little more detail steve weiss, id like to begin with you i read a very persuasive note that talked about reasons to stay invested. If you bet against this market, you are bankly shorting two things you are shorting the fed and you are shorting science, i. E. The hope that a vaccine will come along. You want to short those two . I dont think so steve . So, my observation that i sent to you this morning were that the markets momentum market, and if you disregard f ....

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CNBC Fast Money Halftime Report July 12, 2024

Jim, jon and shannon lets get a check on markets this hour. Stocks are plunging again. Off theirs worst levels and the nasdaq is the biggest loser of the day led by the Technology Names. The dow was up at one point this morning almost 250 points. Now has done a complete uturn and is down triple digits ina big way. Theyre off 425 points thats off the lows of the day the last couple of days, has it made you frightened of what could be to come no. Not at all i think this is healthy profit taking i think whats going on is this massive rotation from growth into value if you think about it, the russell 1000 growth index even after this pull back is up 21 year to date you know that apple and nvidia and zoom are up 340 from the march lows in is healthy i think the rotation makes sense. The reason it makes sense is because the Economic Data continues to surprise to the up side were r ....

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FBC Lou Dobbs Tonight July 12, 2024

Economic rebound from the china virus pandemic is accelerating much faster than the negative radical dems and their president ial nominee, the rinos wall street or anyone in the leftwing is this press suggested even possible. Under President Trump leadership america has added over 10 million new jobs over the past four months. The sectors with the best job gains retail, leisure and hospitality, healthcare and yes manufacturing. President trump today in the white house making it clear that he is more than pleased with those numbers and he also sees a Bright Future as more advances in the fight against the china virus take hold. Our Unemployment Rate dropped all the way down to 8. 4 , that is many, many months ahead of schedule. They said you wont break 10 at least until next year sometime and we just hit 8. 4 and were ....

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FBC Lou Dobbs Tonight July 12, 2024

Economic rebound from the china virus pandemic is accelerating much faster than the negative radical dems and their president ial nominee, the rinos wall street or anyone in the leftwing is this press suggested even possible. Under President Trump leadership america has added over 10 million new jobs over the past four months. The sectors with the best job gains retail, leisure and hospitality, healthcare and yes manufacturing. President trump today in the white house making it clear that he is more than pleased with those numbers and he also sees a Bright Future as more advances in the fight against the china virus take hold. Our Unemployment Rate dropped all the way down to 8. 4 , that is many, many months ahead of schedule. They said you wont break 10 at least until next year sometime and we just hit 8. 4 and were ....

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