CNBC’s Jim Cramer reviewed Wednesday’s market action and told investors that he thinks removing Federal Reserve Chair Jerome Powell would not be a wise move from President Donald Trump. “I hope today is the last day that Trump goes after Jay Powell, whose term ends in ten months anyway,” he said. “Gunning for Powell will…
My top 10 things to watch Wednesday, July 16 1. Wall Street was pacing for a higher open this morning. Wholesale inflation came in cooler than expected, with the June producer price index showing no change from the prior month. That’s in contrast to yesterday’s consumer price index, which picked up month over month. 2….
My top 10 things to watch Tuesday, July 15 1. The government’s June consumer price index matched estimates with a rise of 0.3% for the month, putting the year-over-year gain at 2.7%. The core rate, excluding food and energy prices, also matched. The S & P 500 was heading for a higher open today after…
My top 10 things to watch Monday, July 14 1. Kenvue sacked CEO Thibaut Mongon and named company director Kirk Perry interim CEO. Strategic review going on. Heidrick & Struggles is working to find a new chief executive. The company, which makes consumer health products including Tylenol, Neutrogena and Band-Aid, was spun off from former…
After a few relatively slow weeks of corporate news, things are about to ramp up. Second quarter earnings season is set to kick off in the week ahead, with the big banks starting to report. Within the Investing Club portfolio, we’ll hear from BlackRock and Wells Fargo before Tuesday’s opening bell; Goldman Sachs before Wednesday’s open;…
The S & P 500 pulled back from record highs on Friday as investors dealt with this week’s renewal of tough tariff rhetoric from President Donald Trump. In a series of letters, the White House informed a slew of U.S. trading partners about the levies they would face if trade agreements were not reached by…
Crocs, Inc. (NASDAQ:CROX) is one of the stocks that Jim Cramer shed light on. A caller asked if the stock is a buy, sell, or hold, and Cramer commented: “You know what? I’m going to say something you never hear me say. Crocs and Deckers, I’m giving you two, it’s a twofer. Crocs and Deckers,…
It’s no secret: The Investing Club’s portfolio is rich with high-quality stocks. But a select few, which we’ve designated as “core holdings,” stand out among our 30 positions. During Friday’s Annual Meeting , Jim Cramer and Director of Portfolio Analysis Jeff Marks shared the updated list of our 12 core holdings. These are companies that…
My top 10 things to watch Friday, July 11 1. Wall Street was set to open lower Friday, retreating from Thursday’s record-high closes for the S & P 500 and Nasdaq . Friday’s drop follows President Donald Trump announcing more tariffs. This time it’s 35% levies on Canada, starting on Aug. 1. 2. The tariffs…
It’s all aboard for Microsoft investors as the company rides the next train towards another major win. The news Microsoft will be the next megacap to hit a $4 trillion stock market value, according to Wedbush, which predicts it will happen “this summer.” Larger-scale artificial intelligence deals are accelerating, lead analyst Dan Ives wrote in…