The stock market ended the week higher as Wall Street speculated on how a spate of economic releases would impact the Federal Reserve’s next interest rate decision. The S & P 500 and Nasdaq both gained nearly 1% over the past five sessions. Both benchmark gauges hit several record closes this week, with the S…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The S & P 500 was under mild pressure Friday but headed for another strong week, with a gain of more than 1%. Health-care stocks continued to bounce back…
My top 10 things to watch Friday, Aug. 15 — Today’s newsletter was written by Zev Fima, the Investing Club’s portfolio analyst. 1. DA Davidson upgraded Club name Salesforce to a hold-equivalent rating from underperform while keeping its price target of $225 a share. Activist investor Starboard increased itss stake in the company by 47%,…
The following passage was part of Jim Cramer’s prepared introduction to Thursday’s August monthly meeting of the CNBC Investing Club. Periodically, we are in moments like we find ourselves in now. All over America, there are portfolio managers who, for one reason or another, do not like this market. Maybe they have kept an unusual…
The stock market has been on a tear over the past month, as Wall Street mulled over quarterly earnings reports, President Donald Trump ‘s tariff moves, and the Federal Reserve’s next monetary policy decision. Since last month’s third annual meeting of the CNBC Investing Club, the S & P 500 and Nasdaq hit nine and…
My top 10 things to watch Thursday, Aug. 14 1. Stock futures ticked a bit lower this morning after the July wholesale inflation report came in much hotter than expected. The S & P 500 and Nasdaq are coming off back-to-back record highs. At noon ET today, I’ll discuss what’s next for the market during…
Want to gauge the temperature of this stock market at record highs? Jim Cramer says to take a look at the stock chart of a Wall Street firm founded a few years after the end of the Civil War: Goldman Sachs . “Goldman encapsulates everything — IPOs, M & A, trading volume. This is the…
My top 10 things to watch Wednesday, Aug. 13 1. AI computing provider CoreWeave’s quarterly results were good, but I’d wait for the expiration of the lockup later this week, which may invite huge selling given the stock is up 272% from its IPO price. While some might say its $30.1 billion backlog is a…
CNBC’s Jim Cramer reviewed Tuesday’s stock market action and advised investors to stay in the market despite the geopolitical environment. Otherwise, he said, they might miss out on winning sessions. “People just can’t seem to process the most important three words in the investing lexicon: ‘stay the course.’ Nobody wants to stand pat when they…
My top 10 things to watch Tuesday, Aug. 12 1. The July consumer price index rose 2.7% on an annual basis, below the 2.8% expected. When stripping out volatile food and energy prices, core CPI rose 3.1%, slightly above the Dow Jones consensus of 3%. The market liked the numbers, with stock futures rising after…