Things are actually better than we thought. That realization makes someone pay more for companies. And it makes us willing to do stuff. Hence this markets amazing powers of levitation. However, were still also in the middle of earnings season. Only 30 of a lot of the earnings i follow are done and that means its dangerous times. A time when its going to be so dangerous to shoot first and ask questions later that weve got to go over a game plan that i think will allow you to navigate things. Its a game plan for next week and ill remind you again that before i pull the trigger on a stock you still have to do the homework and that includes listening to or reading the transcript of the Conference Call. Last night i was drinking the monster drink and having a yuban and the keurig thing because i had to read the microsoft call, the starbucks call and i also had to get through the 3m call and it was mindboggling. It is for you too. But that in mind youve got to do it. Heres the game plan. Fir
Analysts recent gains are rational exuberance. Especially on a day where the averages kind of stalled out. Dow edging down 14 points, s p dipping. 18 . Nasdaq advancing. Thank you apple for actually going up. When we see these articles, how about the articles about our Retail Investors are back and the bears are in hibernation, like this one. This one about surging stocks in the wall street journal. When the bears are on their heels. First, let me say, heres the way i play it, we should always be skeptical, we should always be a little worried. Thats okay. Especially after a move like this, where we go to fiveyear highs and have the best january in years. Wed be fools not to consider what could go wrong. Remember last Earnings Period . We came into this very week with mostly better than expected numbers, as we have this time. But it was pretty much all downhill from there. Hey, look, after vm ware reported tonight, it was very disappointing, a lot of the cloud stocks down, this time co
Guess whos here. Thats jim cantore. This is jim cantore, mr. Weather man himself. Hes got the whole thing, thank you. You did very well. Thank you very much. So did you. He told me it was going to be very hard to make snow balls in this weather, right . I did. Andrew too dry. Andrew, we cant wait to see you back here. Have a safe trip back. That does it for us. Squawk on the street starts right now. Appreciate it. Good friday morning. Welcome to squawk on the street. Im melissa lee, with jim cramer and Carl Quintanilla and david faber. How are we poised to start the friday morning session. Right at the open, the s p 500 looking to add to fiveyear highs at this point. Looking at about six points. As for europe, gdp figures in the uk nearing a tripledip recession. Capping off a big week for the nikkei, up almost 3 for the week. Our road map this morning, dow taking aim at a new record high on track for the best january since 1997. The s p also poised for its longest winning streak since
Uhh, its next month, actually. Eddie continues singing to tickets to. Paradiiiiiise no four. Remember . Whoooa whooaa whooo you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. And how happy are they jimmy . Happier than eddie money running a travel agency. Get happy. Get geico. Fifteen minutes could save you fifteen percent or more. Im jim cramer, and 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 a little money. My job is not just to entertain you but to teach and educate. Call me. 1800743cnbc. If things are actually better than we thought. That realization makes someone pay more for companies. And it makes us willing to do stuff. Hence this markets amazing
In. You just think you might get better prices in the next month . Markets are going to be pulling back here, a rally driven by the fed. Theyre not going to materialize as well. I think well get the pullback. You want to buy industrials, the transports, emerging markets here, get your list ready, rotate out of bonds into stocks. Maybe 5 cheaper . Thats what im thinking. I think you can get a better value here. Expectations are double digits. Thank you very much. That does it for us today. Right now its time for squawk on the street. Good monday morning. Welcome to squawk on the street. Im carl quintanilla, with melissa lee, david faber and jim cramer. The dow less than 2 from an alltime high. Europes been getting a lift from some good data today. Today u. S. December durable goods. Shanghai, the best day in two weeks, as industrial profits over there hit a sevenmonth high. We kick off the week with something for everyone. Fed meeting, jobs numbers, apple, amazon, facebook, boeing, ford