We’ve made it to the tail end of earnings season, and the market is desperately clinging to positive reports. The market’s path is at an impasse: it’s just as likely that it’ll go higher as it is that it’ll go lower. On this week’s episode of Varney & Co., Shah Gilani weighs in on what he thinks the market will do next – and it may surprise you.
Then, stand-in host Charles Payne and Shah discuss the social media company that everyone loves to hate: Facebook Inc. (NasdaqGS:FB). Dangling on the ledge after their most recent security scandal, Facebook is pulling itself up as Zuckerberg reworks his management team – and its share price has responded, jumping 15% since the lows of April 25. Shareholders are happy, but what’s next?