My top 10 things to watch Tuesday, December 6, 2022 1. US stock futures point to a mixed open after Monday’s strong selloff. December tends to be seasonal, especially at the end of the month when Wall Street historically looks for Santa’s rally. In a commentary, we looked at which Club stocks were the best …
Seasonal trends are an often-discussed topic on Wall Street, especially at this time of year as the market approaches the so-called “Santa Gathering” window in late December. This year’s bear market certainly has investors hoping for a bit of holiday cheer. So we thought we’d take a look at what the Santa’s Rally phenomenon is …
My Top 10 Things to Watch Friday, December 2, 2022 1. US stock futures point to a weaker open as bond yields rise on stronger-than-expected job growth and wage inflation in November. Non-farm payrolls increased by 263,000. The country’s unemployment rate remains, as expected, at 3.7%. Average hourly earnings up 0.6% month-over-month and 5.1% year-over-year, …
It’s understandable why the United States felt the need to act quickly to keep powerful semiconductors out of the hands of the Chinese government. It’s best to move from a position of strength before it’s too late. However, as chip stock shareholders, it still hurts. As you may recall, Club holding Nvidia (NVDA) was particularly …
The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …
This record Nvidia revenue number is a chilling sight Read More »
The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …
This record Nvidia revenue number is a chilling sight Read More »
Let’s say you wanted to design a program to reduce inflation. Wouldn’t you do exactly what Federal Reserve Chairman Jerome Powell is doing? You would raise rates aggressively, and I defy you to say that it does more than that. You’d ignore positive numbers like the weak consumer price index printed last week by sending …
Jim Cramer: Why the two-day rally that ended last week matters – and what to expect next Read More »
Markets closed higher for the week after a stellar rally on Thursday that saw big tech stocks soar amid weaker-than-expected consumer price index (CPI) data for October. The S&P 500 closed more than 5% higher for the week, its best week since June. Bond yields and the U.S. dollar fell as investors hoped CPI news …
Following a historic stock market rally on Thursday, the best single-session gain in more than two years, we wanted to provide members with a quick update on our current thoughts on the 32 stocks held in Jim Cramer’s Charitable Trust. , which we use as our club’s portfolio. Apple (AAPL): Own it, don’t trade it; …
