My top 10 things to watch Tuesday, Dec. 10 1. Oracle shares dropped more than 7% after the enterprise software giant missed the quarter and issued a light outlook. The drop was keeping a lid on the market. But I don’t know how much Oracle can really go down. The demand for data centers is…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market meanders: The stock market was having a choppy session after Monday’s all-time high close for the S & P 500 . The index has closed…
My top 10 things to watch Tuesday, Nov. 26 1. The outgoing Biden administration proposed a rule that would expand access to obesity drugs for millions of Americans enrolled in Medicare and Medicaid. If implemented, that would be great news for Eli Lilly , a longtime Club name we bought more of on Monday. Shares…
The U.S. presidential election beckons and even though nearly 75 million people have already voted, according to NBC News , nothing seems to have leaked out. You would figure the hedge fund algorithms would have picked up something by now, but I haven’t seen any confirmed bets made either way. That makes trading on the…
The chatter in my office and on CNBC has been focused on one essential question: What sector is cheap? Not just cheap because the stocks have dramatically underperformed for several years, but attractive because these equities have the potential to outperform the S & P 500 over the next two to three years. My nominee…
Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped more than 3% after the U.S. Food and Drug Administration approved a highly anticipated schizophrenia drug , the first novel type of treatment for the chronic mental disorder in more than seven decades. Bristol-Myers Squibb expects the twice-daily pill,…