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Transcripts For FBC Making Money With Charles Payne 20240711

already off the session lows. is this great news or are we too optimistic. when should you ring the register? when should you take profits on your grand slam winners? we have you covered. twitter sinking as conservatives saw their followers purged and president trump banned. that is not what i m upset about. i will give you my take on all of this in three minutes. plus we ll get reaction from liz peek. all that and so much more on making money . . charles: well president trump has been kicked off of a major social media platform, i think all of them in fact, right including that permanent ban on twitter. now the conservative friendly platform parler may not be an option. as google and apple remove it from their app stores. amazon boots its off its service though parler is now, we are hearing suing amazon in response but this is obviously a lot more than about president trump, right and his long battle with social media. conservatives across twitter are reporting that their

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Transcripts For FBC Making Money With Charles Payne 20240712

we ll get the story from tennessee senator marsha blackburn. all that and more on making money. charles: it is election day. everyone wants to know how the outcome will impact the market. my goal on the show is to go into the nuances of market. we seek out individual opportunities. historically the market higher three months into the election has seen the incumbent win every time since 1984. 20 out of the last 23 election cycles that goes a long way. on that note i would like to give me as i bring in my guests succinct answers on the specific sectors because we re looking for opportunities. i have got the right guys for you. beginningbeginning with send grd bahnsen, heritage capital cio paul schatz, belpointe chief market strategist david nelson. i want to start with technology and communications. been a rough go but david nelson, how do you see this group postelection? i think the message from the market you can move down the valuation curve. last week you saw four of fi

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Transcripts For FBC Making Money With Charles Payne 20240712

university, so you don t learn all the tough lessons of trading the hard way. president trump pushing republicans to do a bigger stimulus pack on toe help struggling families to help boost the economy. will lawmakers listen? i will ask senator kevin cramer coming up. all that and much more own making money. charles: oops, it happened again. yesterday the market surged as the federal reserve wrapped up. from would be whether wobbly to full-blown swoon. in this is not the first time it played out. when there are more winners than losers, happies because of the waiting system but it often triggers more selling and cause investors to sit on their hands. how do you buy stocks when the overall market is down but not really down? ipo mania. everyone is asking is it sucking some of the oxygen out of the rest of the market? the single-family housing boom, does it continue or too late to leverage your portfolio to this phenomena. we have a lot to cover. i want to bring in jared levy, p

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Transcripts For FBC Making Money With Charles Payne 20240712

portfolio? then there is this. president trump: i thought it was a very divisive speech, extremely divisive. we have tremendous amount much enthusiasm for my campaign. charles: president trump pushing back against former first lady michelle obama who declared him in over his head. we ll get reaction from katie pavlich on that. all that and much more on coming up on making morn any. making money. charles: golly, folks, monster quarters for two of the bigger names in retailing. walmart, home depot posting results well ahead of expenses. mind-boggling increases in same-store sales. wall street is anxious what happens next with additional stimulus. that is stuck in limbo. we are erin sikes and kristin benz. let me start with you. walmart was initially up 6, 7% in the premarket. home depot, again, surge, surging, folks kind of wondered can it be reflip indicated, can it be replicated without stimulus? where do we go from here? is certainly can, charles we re? a wall-a so no

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Transcripts For FBC Making Money With Charles Payne 20240712

not his first or last. he will share his story on making money. charles: so before we even start with today s session i want to glance back to friday in the market. we saw a roller-coaster. it was all about news out of d.c., right? remember it looked like congress would throw in the towel on any additional fiscal help. the rally faded big time. then came word talks would continue over the weekend and the market actually soared. for me the most important part of that session was the volume. it was highest day of volume in the entire month of july. it was on a up day. that is a huge buy signal in my opinion. want to bring in disruptive tech research founder, lou, moneymap press, their chief strategist, shah galani and erin gibbs of gibbs wealth management. shah, your thoughts on this market. it is breaking out. the volume is getting stronger. i think that is the ultimate buy signal. you re absolutely right and it was the buy signal coming off the lows in march. what peo

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