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Transcripts For KPIX CBS Morning News 20240712

Its really good to be with you. Im annemarie green. This morning President Trump is firing back at a report claiming that he called american soldiers who died in war suckers and losers. According to the article in the atlantic, mr. Trump did not want to support the 2018 funeral of senator john mccain, a decorated navy veteran, who spent years as a prisoner of war because he was a loser. The atlantic also reports mr. Trump was furious flags were flown at half staff for mccain. Last night the president was quick to refute those claims. I disagreed with john mccain, but i still respected him. I had to approve his funeral as president. We lowered the flags i had to approve that. Nobody else. I had to approve it. The president did not take questions after making that statement. Rkura podesta is here in new laura, the president didnt want to talk to reporters after that statement, but he still had plenty to say on twitter. Reporter thats right. Late last night, President Trump sent out a bar

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Transcripts For FBC Making Money With Charles Payne 20240712

Wake of tragedy. Charles joe biden is there right now as we look at 2001 and why we came together back then and just why now we seem to be tearing ourselves apart, all that and so much more on making money. Charles its been a rough couple of weeks for the market which is obviously more vulnerable now than its been in months, on this solemn day for the nation, the stock market itself has to pass a big test, but, you know, the situation is the s p 500 has to hold above the 50 day moving average. I will say Technical Analysis is not an exact science, so a slight slip below is forgivable, but when it does hold, you know, historically it revives the sagging rallies and we get a big move to the upside. The question is of course what will the upside look like . Will investors seek out the same names that obviously before got too close to the sun or is it time to find new opportunities . Lets ask rob luna, ceo of a Financial Company and on the phone with us Capital Wealth Planning chief jeff [

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Transcripts For FBC Making Money With Charles Payne 20240712

Optimism. I profoundly accept this nomination for president of the United States. More highlights the complex reaction from trent 2020 National Press secretary. Also violent protest rocky wisconsin this week following the police shooting, American Cities are in chaos that there is hope later in the hour i will share with you some powerful messages from the arrest whose poised and formed all of us how to handle domestic strives and how to heal our nation faster. All of that and so much more on making money. Charles its interesting all morning has a latesummer feel but the upward bias is firmly intact as the nasdaq and s p continues the power to new highs on a daily basis and now its going to attempt to finish the session positive for 2020, one of the oldest actions on wall street is that new highs to get new highs, as this as investors get weakening from jay powell as Interest Rates are confirmed, that will not be a problem, in the meantime Economic Data continues to come in very strong

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Transcripts For FBC Making Money With Charles Payne 20240712

Much stronger than the headlines is brickandmortar to emerge, which would be a good fit for your portfolio, will the s p 500 finish the week at a new alltime record high . While Congress Goes home to practice, while we assess what happens with the economy, were gonna take a look at whats going to happen, lets say they dont do anything until september, we have a great economies joining us soon and President Biden blasting joe biden romans ago for not giving american households a lifeline, you heard the numbers and wait till you hear what President Trump will do, then theres the masked debate, has tails wagging, could it hurt his election chances in a major milestone the sum of the president harsh critics agree is huge, were talking about middle east taken a giant step closer to ever elusive goal of having peace in the region, all that and so much more on making money. Charles all right, the markets, they put the rally on pause, the dow is higher, the s p is close, congress is taken a re

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Transcripts For FBC Making Money With Charles Payne 20240712

You know folks its been a really intriguing session so far with more winning sectors than losing sector which is is actually the reverse of earlier sessions this week when there were fewer winners but those winners were able to lift the s p 500 to a five day winning streak coming into today s session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, weve overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going into next week . I want to bring in global president heather zumaraga, Ci Financial Company rob luna and Strategic Wealth planner ceo mark tepper. Heather earnings season is a Huge Positive solid unemployment numbers this morning and even with the indecision overall market bias to the upside so whats going to be the spark though that really gets us moving perhaps next week . Well look the nasdac is

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