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Transcripts For FBC Varney Company 20240711

republicans. that one in georgia race still to be called so control of the senate is still uncertain. stocks have been oliver the place. when raphael warnock s win was announced sharp decline. here s where we are now, dow jones down a tiny fraction, maybe five or six points, a small loss for the s&p, but the nasdaq is where the damage is. look at big tech, this is the group showing the sharpest acclimate. harder to explain since it big tech was the major contributor to warnock and john ossoff, just some commentary that democrats may be harder on tech companies. here is the flight to safety, bitcoin goes to $35000 for the first time and it s now at 34945. the price of gold is up but see, it s actually down today, down $20 at 1935. money is pouring into the defensive play of the 10 year treasury and has raised the yield above 1%. it s actually 1.01%. in washington, right outside the white house crowds of trump supporters are gathering they contest at november 3 election chanti

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Transcripts For FBC Varney Company 20240711

of pandemic rule breaking hypocrisy. the mayor of san francisco attended a big dinner at the wildly expensive french laundry restaurant the day after governor newsom s rule breaking out into. the mayor san jose traveled to a thanksgiving dinner with elderly relatives breaking california s travel rules. december 2nd, holiday season, lockdown restrictions are growing and in my opinion the mood of defiance is also growing. put all that aside for a moment, very positive news of the morning, britain grants approval to pfizer s vaccine. inoculations start next week. this is a first in the western world, pfizer and its partner make enough vaccine for 20 million people. hospitals, elderly care centers get it first starting with people 80 and above moving down the age scale. that is how they are doing it in britain. the good vaccine use not helping the market today. the dow a solid gain yesterday, 100 points, the s&p and the nasdaq also on the downside. then there is this, china puts

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Transcripts For FBC Varney Company 20240711

of the vaccine and the test helping stock prices. dow jones up about a hundred points at the open, seven for the s&p and eight for the nasdaq more retailers reporting this morning and target looks good work same-store sales up 20%, another measure of the strength of consumer spending, just like walmart, target stock up 2% at the moment. look at this, bitcoin crossed $18000 per coin and has backed off to 17855, about a thousand dollars or shy of its all-time high 19640. i was a skeptic, maybe it s something else i should have bought that didn t like apple, tesla, amazon, zoom and so many more. we do have a jampacked show. new york governor cuomo says president trump had nothing to do with the rapid development of the vaccines. you will see him say it. boeing gets max judd approval and is now ungrounded. how about this for thanksgiving, noticing, no shouting, kp the music down so you don t have to raise your voice and my off the alcohol. new restrictions for thanksgiving is gro

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Transcripts For FBC Varney Company 20240712

away from the all-time record high, there you have it the world s most valuable company, apple the stock is up again, the world s most innovative dynamic seller, amazon the stock is up again. the market, that is digested a lot of bank earnings already, goldman did very well in the dow is looking at 80-point gain and look at the nasdaq up about 26, 27-point again, i see a lot of green this wednesday morning. here s the headline dueling townhouse tomorrow night instead of a second debate, mr. trump working with nbc, joe biden working with abc, obvious question why not reinstate the debate, the electoral commission really blew it by insisting on virtual. did you see speaker pelosi getting rattled on cnn, in primetime will blitzer asked her what was wrong with the president $1.8 trillion stimulus plan, why not pick up the phone, call the president and make a deal. she became very flustered and accused blitzer and his colleagues of being an apologist for republicans. have you ev

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Transcripts For FBC Varney Company 20240712

protection, he wants $1200 stimulus checks, that is what he wants, not speaker pelosi democrat state bailout commonality this, the market s reaction, selloff tuesday in a reversal this morning, the dow will be up 200, look at that and nasdaq up about 100 points, that is a reversal, here s another blockbuster, declassified documents show in 2016 the cia director john brennan personally briefed president obama on hillary clinton s alleged candidate trump to russia. his notes made right after you briefed obama showed clinton s during up the scandal to distract from her e-mail problems and obama knew all about it, by the way the broadcast network did not cover this at all. 0 coverage on a blockbuster story, maybe mike pence will bring this up at the debate tonight. this is a major event. we are less than four weeks to the election and senator harris has a strong chance of becoming president given joe biden s age, he will be 78 on eggnog ration day, she will have to answer the que

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