We had some big wins this week from investing in stocks and managing a portfolio — not speculating, not betting, not risking it all on a wing and a prayer that would make Vegas casino owners green with envy. Honeywell delivered with a terrific quarter in aerospace — and you can, at last, see that…
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap off Friday’s key moments. 1. The stock market rose Friday, with all three major indexes hitting fresh intraday record highs. Cooler-than-expected inflation data boosted investor optimism that the Fed will keep cutting rates to…
My top 10 things to watch Thursday, Oct. 23 1. Wall Street was headed for a lower open after a rough Wednesday. Bond yields, gold, and crypto were up. Oil was lower. The White House is considering export curbs on U.S. software to China, Treasury Secretary Scott Bessent confirmed yesterday. 2. U.S. crude prices jumped…
My top 10 things to watch Wednesday, Oct. 22 1. GE Vernova reported an earnings beat this morning and reaffirmed its full-year targets. The Club stock posted excellent organic orders for gas turbines, but miserable orders for wind. Wind is a rounding error. It has a giant hyperscale order and is the only company that…
Check out the companies making headlines before the stock market’s opening bell. Beyond Meat — The plant-based meat alternative company surged 90%, continuing its meme-fueled craze . The stock soared more than 140% on Tuesday, its largest ever one-day gain, after Beyond Meat signed a deal with Walmart to expand distribution. Earlier in the week,…
My top 10 things to watch Monday, Oct. 20 1. Wall Street was poised to add to Friday’s rally on a continued easing of credit concerns and China trade tensions. In fact, the S & P 500 rose 1.7% last week. Earnings season ramps up this week, with five Club names reporting quarterly results, including…
Last week started with the big banks delivering strong earnings and ended with regional lenders writing off bad loans. Investors are hoping for calmer waters in the days ahead, as earnings season ramps up and Washington remains in gridlock. Here’s a closer look at what to expect over the next five trading days. 1. Market…
The stock market rebounded this week after seesawing on concerns about U.S.-China trade, the ongoing federal government shutdown, and credit. For the week, the S & P 500 and tech-heavy Nasdaq jumped 1.7% and 2.1%, respectively, after each lost more than 2% the prior week. Late in the week, trade and the shutdown took a…
Wall Street gets more information on corporate America next week, with third-quarter earnings shifting into high gear. There’s also important inflation data coming. The earnings season is off to a strong start, with financials topping expectations thanks to the likelihood of lower interest rates and greater merger and acquisition activity. S & P 500 earnings…