If you move the word order around, it makes more sense:
Auguria video et matrona Julii spem non habet
Let's break down each word:
- Auguria - "omens, signs", acc., plural and object of the first verb, video.
- Video - "see", 1st person, singular.
Your first clause then is "I see the omens".
- Matrona - "wife", nom., subject of second clause.
- Julii - gen., husband of the wife previously mentioned.
- spem - "hope", acc., plural, object of the second verb, habet.
- non - "not".
- habet - "have", 3rd person, singular.
The second clause is then, "The wife of Julius does not have hope". This and the previous clause are then joined with the conjunction, et (and), so you get:
I see the omens and the wife of Julius does not have hope.
If by chance your instructor made a mistake and video was supposed to be videt, then it would be:
The wife of Julius sees the omens and does not have hope.