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FBC Varney Company July 13, 2024

The market selloff continues and so does the search for a safe haven, the spreading virus is the main factor, dow industrials down 400 points at the opening bell, this is shaping up to be the worst week for the dow since the financial crisis of 2008. S p down 50, one. 5 or more and the nasdaq down 2 at the opening bell. The president has offered reassurance about the virus, quote, the risk to the American People remains very low. We are ready to do whatever we have to as the disease spreads. Now comes news of an unexplained case of the coronavirus in california. The patient did not travel to a virus hotspot and was not in contact with a known virus carrier. In other words it is here. Oversees dramatic action in japan. They closed all the schools until april. In italy, 528 cases at least, 12 that. Iran finally doing something. Having refused to quarantine towns or cities they suggested less unnecessary travel. Listen to what the p ....

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CNBC Squawk Box September 13, 2016

In the meantime lets get you caught up where we stand. Yesterday the markets had a rebound. The dow was up by over to 230. Volatility is back at least for a few days. Dow is down by almost triple digits decline of 96 points below fair value. Nasdaq down by 24 and s p down by over 30. Overnight in asia the nikkei stabilizeed a bit after the big losses it posted the day before catching up with what we had seen on friday. Right now you see nikkei closed up by 56 points. Shanghai composite was flat. In the early trade in the european be markets youll also see that the dax is higher up by by. 4 . Were also watching oil prices today. The International Energy Agency Cutting its forecast for global oil demand, the iea is citie ii wobbling asian demand and its taking prices down. Wti down by 2. 5 . Decline of over 1 to 45. 17. Some other headlines. Goldman sachs now cutting the ....

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CNBC Squawk Alley December 11, 2015

Of february of 2009. Art cashin joins us as well. What is drooeg all this today . Emerging market currencies, and right. So far the s p stopped at about 2020, which is where it held wack on november 16th before it started a pretty significant rally. So well watch that. If we weaken again, if they violate that area, we could be in a little bit of trouble. Were looking at technicals here, but the markets are very nervous. The buyers are if not on strike, certainly on the sidelines. You had drawn 2040 earlier in the week as a line to be watched. This is decisively on the up side. Yep. We went right through it, and youre building a series of lower highs and lower lows, so the technical aspect of the market is not very good at all. Anything the fed is going to do thats going to surprise the market at this point aside from, i guess, not raising. The question traders have been asking all week is if the markets keep acting like this going in, what is the fed going to do . Theyre in a quiet per ....

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