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CNBC Power Lunch July 13, 2024

Sentiment. Energy stocks higher now for the second day in a row. Thats as oil jumps to its highest level in nearly a month. Back near 30 a barrel whats going on there . Plus, texas reopening. Maybe that has something to do with it. Texas reopening restaurants and Retail Stores over the past week well talk to one restaurantur who owns about ten restaurants in texas looking forward to that. Thanks stocks are on track for their worst in two months. Even as we take a peak at green, positive territory. If you take a look, tyler mentioned a 270 point decline for the dow industrials. We are hover, there you have it. A new fresh intraday high as the dow is up 32 points. Its not a lot but all three sectors in the green they were all in the red at one point so far today take a look at energy. We mentioned those oil prices. Remember, focus on technology. Were marginally in red territory. A volatile session for the bond market on this friday a ....

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CNBC Closing Bell July 13, 2024

Uncertainty. Coming in below estimates. Oil making a move higher for a change today, snapping a fiveweek losing streak, turning in one of the best weeks of the year nanny taylor is here welcome to ladies hour here. Girl power. You say tech is the key do you mean fang or something broader . I mean something broader than that we started to see the Economic Data ticking up, yet local p miismt its mi is moving up, small by, Chinese Consumer precoronavirus. So we have to see what is going to be the impact, farreaching impact i think thats good for stocks so i think stocks are less risky. So were looking at tech as if it doesnt work, nothing works right now the total confirmed cases are topping 64,000, the total death toll is nearly 1400. In the u. S. There are 15 confirmed cases with eight of them in california Many Companies
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FBC Varney Company July 13, 2024

Sector, that is a slowdown. One hour from now, well know. Watch that market. Right about the same time, the president will begin his trip to florida, where he will make a speech, i think the title ought to be protecting health care from socialist disruption. Its probably not called that but im making free rein here. Usually when the president leaves the white house, he speaks to reporters. He may address the economy. Whatever he says, youll hear it and it will probably move the markets. Theres news on the president ial campaign. Bernie sanders is recovering from heart surgery and has canceled Campaign Events until further notice. Obviously, there are questions about a 78yearold facing another year of grueling campaigning. Joe biden is taking a hit in the latest polls from his son Hunter Bidens business dealings in ukraine and china. Heres my opinion. Its now
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FBC Varney Company July 13, 2024

Dark about those allimportant trade talks with china. Top level negotiations start now. Where are they going, we dont know. But we can tell you that apple has removed an app which had been used to track the movement of Police Forces in hong kong. We can tell you that nba events in china have been disrupted because chinas bullying american basketball teams. And we can tell you that after being dropped in china for supporting hong kong protesters, south park has fired back with an obscenity. We can also tell you that todays market activity hinges almost entirely on any headline that emerges from the trade talks. In the absence of any hard news, its a virtual stalemate. The dow is going to be down maybe 30. Two down for the s p, maybe five points lower for the nasdaq. I will call that a standoff. Heres the stock of the day and its a big winner. Bed, bath beyond is up 19 free market. They have hired a top guy from target to turn around ....

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FBC Cavuto Coast To Coast July 14, 2024

By president bush. Have a listen. Always prepared, never haas been a country more prepared. I spent, i spent 1 1 2 trillion dollars. Were spending another 738 billion now. I spent 1 1 2 trillion dollars rebuilding our military. Obviously china is a threat to the world in a sense because theyre building a military faster than anybody. And frankly theyre using u. S. Money. Neil all right. So the president linking these two developments. Keeping an eye on both, iran and china, two very Different Cases to say it mildly, the target of iran is its central bank. Iran is all about black markets. Doesnt deal traditional fashion shipping out money. The central bank, trying to freeze assets coming in and out of there, the flow of funds there, might do that in the sort of the official diplomatic way but the fact of the matter, iran is notorious for finding endruns around that, working with other countries that help them find endruns around t ....

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