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June 24, 2024
Tweet me jimcramer. Weve had a good week. The economys better. Maybe Earnings Seasons been terrific. Weve been going higher because oils going up. And theres really nothing else to it. Thats why this market started so strong today and then petered out when oil reversed. Closing down 57 points. S p backsliding. 19 . Nasdaq. 18 . Oil was strong. This oil makes everything very difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hi...
June 24, 2024
Buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is ing to stay lower loloer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we...
June 24, 2024
Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stoc...
June 24, 2024
Difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crud...
June 24, 2024
Get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats...
June 24, 2024
A barrel. Up a gain three quarters of one percent. Our road map today starts with netflix. Shares down big this morning thanks to weak guidance. What Ceo Reed Hastings had to say about the companys earnings. Goldman sachs ceo blaming the challenging operator environment for less than stellar earnings. What you need to know from that report coming up. Also dig into earnings from dow components Johnson Johnson and United Health care. Lets begin with netflix. Shares are falling in the premarket des...
June 24, 2024
Well break down all the mergers and acquisitions and wheel talk to miles white about his 25 billion of st. Jude. A strong Earnings Report after the bell yesterday, the company shattered estimates and is proposing a new sale structure. And well take a look at how the day on wall street is shaping up. Lets get to m a. The deal valuing st. Jude at 85 a share. Lets keep a close eye on abbott labs stock. They expect to add to earnings. Wheel have an interview with ceo white. And a crossborder hostile...
June 24, 2024
And twitter which report after the bell. Well also get a preview of what you can kmpt. Tmobile shares on the rise this morning after strong earnings. John legere will join us onset fresh after his Company Analyst call. First up, beating the street with Quarterly Earnings on squawk. Saying did help results. If you look at the margins, core gross margin up 270 basis points. Core operating margin up 300 basis points. Thats net of the fx headwind. So its really giving us the ability to continue inve...
June 23, 2024
Europe. Chicago pmi in 45 minutes. Sales beat for starbucks, comps up 8 . Stock is down in afterhours and is clawing back. Valeant makes another controversial decision and is cutting ties with philidor. Monitoring bill ackmans Conference Call. And linkedin and expedia, both stocks spiking. Well hear from both ceos late their morning. Data shows consumer spenting rose only 0. 1 in september. Bo bo stocks are on track to extend that weekly winning streak to five and post the best month in four yea...
June 23, 2024
Hearing from honeywell as well. A few reports of note, 9 15 eastern time Industrial Production and then at 10 00 its Consumer Sentiment and the jolts report. Thats the job earnings and Labor Turnover survey thats closely watched. Big stories this morning, investors putting money to work in the latest week. The u. S. Stock based mutual funds attracted 2. 5 billion. This reversal following 8 billion of outflows during the prior week. Also in global news a big test for greeks left wing Prime Minist...