Called them breath taking. They really are, because whats happened is theres a recognition that perhaps there is a cycle dynamic that had been hung up. There are a couple of stocks that really did matter micron, lamb research, companies we thought they were going to peak and i was asked what do i have to do that we shouldnt be at 13 times earnings and how do i explain to people that the cycles should be longer and the reason why thats not the case is the data center ive had everyone from the real estate data trust Investment Centers to the people talking behind the sales at the sales forces, and the work days. I mean, the data center is real. The Cloud Adoption is real and the Cloud Adoption is so much earlier than i thought we were i thought pretty much everyone had gotten to the cloud. It just isnt the case, so theres real demand, and the demand is shocking. So you look at the stock moves. Lamb up 9. 5 and nvidia, also one of the stocks you mentioned this morning. Nvidia is insane. A
Theaps reflecting some of sentiment out of the u. K. Vote. The timing of this survey could prove to be important. Stocks are Holding Onto Gains just barely. Any gain would be a record close for the dow. Lets talk about citigroup and wells fargo. Citigroup coming out ahead of estimates. Wells fargo just matching estimates. We have also been watching travel stocks this morning in the wake of that attack. A lot of concern about the a fact that will have on global travel. Being hit by an analyst downgrade. And coming to a settlement with the federal trade commission after a probe into the company. Shares are surging 18 . Also giving karo icon the ability to raise his stake to nearly 35 . Abilitycarl icahn the to raise his stake to nearly 35 . Terror attack where 80 people have been killed and another further 20 critically injured. Red is the predominant lor. All these currencies dropping against the dollar. Commodities led by gold, lower today. Noting the impact of past terror attacks has
The political gauntlet, might a truce be in the offering . Theres the Treasury Department and the Justice Department fighting against mergers. Will they be kiboshed or not . But next week starts the real mcchai, earnings season, that time of year where stocks march to the beat of a different drum, their fundamentals. Lets get to the game plan. On monday, alcoa reports after the bell. Normally w normally wed like to hear about how the end markets are doing because alcoa does a remarkable job with giving you the state of the world when they do their call. I point it out in the get rich carefully book that you must listen to alcoa if you listen to any conference call. This time its different. Alcoa is splitting into two companies. The first is a highly engineered proprietary businesses that forges aluminum that produces lightweights cars, skins tablets, creates new truck wheels while building out the skins of buildings and soda cans. The second is a lower cost maker of commodity aluminum
What goods what merchandise, people are actually buying in stores. So on a hohum day where the dow gained 14 points, s p declined. 06 nasdaq did 1. 1 . Lets see how we can profit from the clues this market gives us every day, including today. I want to start by revealing a methodology i developed a long time ago, when i was a Hedge Fund Manager trying to figure out how to come up with new ideas that were off the beaten track but still had tail winds behind them that others might not know about. Bullish tail winds that produced long term gains. As i mentioned fridays game plan were in the heart of retail reporting season right now. Many big retailers tell you whats selling and whats not. During this period i try to find out what trends stand out as investable so i can pick stocks within those trends thats been my stock and trade. And more companies are doing well versus the performance of their own stocks. Remember companies and stocks often diverge. Thats often where the most lucrative
Cnbc. Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business, and hes nuts. Theyre nuts. They know nothing. I always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you money. My job isnt just to entertain but to teach you. Call me at 1800743cnbc. Todays action frankly was even more bullish than the averages. Nasdaq up. 04 . Why . Because it seemed that everything was levitating at t the same time. Even transport going up at the same time as oil service stocks. They should get smashed. Thats not what happened. The bank stocks were up. We got a happy session where everything rallied. Buyers think that everythings getting better. Courtesy of a powerful worldwide recovery. Consider it a microcosm for the glorious year already thats 2013. Already one thats taken the s p 500 to fabulous five y