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The S & P 500 made a clean sweep, closing higher every day last week. Aside from Nvidia ‘s earnings report, which turned out to be pretty uneventful in terms of impact on the overall market, investors continued to branch out into stocks beyond tech. For the week, the Dow Jones Industrial Average reflected that […]
CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump […]
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest […]
CNBC’s Jim Cramer on Friday identified what to look out for next week on Wall Street, highlighting earnings from Home Depot, Disney and new consumer price index data from the Labor Department. Cramer also reflected on the Trump-fueled market rally over the past few days, saying there are likely more gains to come. “Stocks are […]
CNBC’s Jim Cramer on Monday suggested that home improvement retailer Home Depot acts as a secular and cyclical stock, able to both grow independently of the business cycle and flourish when the economy is doing well. “Their hybrid model works,” he said. “The company’s secular characteristics carry it through the cyclical pain, so even if the […]