Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. The S & P 500 was up again Friday. A higher close would make eight straight sessions in the green. For the week, the index is up big on the U.S. and Iran ceasefire. But the Strait of Hormuz is not fully open. President Donald Trump said it must be....
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. The S & P 500 was up again Friday. A higher close would make eight straight sessions in the green. For the week, the index is up big on the U.S. and Iran ceasefire. But the Strait of Hormuz is not fully open. President Donald Trump said it must be. Jim Cramer calls weekend peace talks between the U.S. and Iran a wildcard for stocks. "I don't think it's being factored in enough." Jim said he remains bullish but gets worried when overall market sentiment gets too positive. The S & P Short Range Oscillator is not yet overbought. We'll see if that happens at the end of the day. 2. Here's a preview of a trade we're going to execute on Monday: We are going to trim some Broadcom after a strong week — up more than 18% since last Friday's close — on a number of positive developments. We can't do the trade yet because of our rules about waiting 72 hours after Jim mentions a stock on CNBC television. This is a move to protect profits and to right-size a position that has gotten bigger than we like in relation to the rest of the portfolio. 3. Next week kicks off earnings season, with three Club names set to release results. Goldman Sachs reports Monday before the opening bell. Jim expects a big number because Goldman can profit from volatility. Wells Fargo comes Tuesday morning. Jim is not as rosy on this one, saying it may be too sensitive to the market. Johnson & Johnson , our newest name, also reports Tuesday morning. Jim really likes J & J and tells members: If you haven't bought any J & J, buy some here. We're not buying more for the Club yet, as we just initiated J & J on Wednesday, swapping it in for Bristol Myers Squibb . 4. Stocks covered in Friday's rapid fire at the end of the video were CoreWeave , CarMax , and Lumentum . (Jim Cramer's Charitable Trust is long AVGO, GS, WFC, JNJ. See here for a full list of the stock...
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Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Tradr 2X Long SPY Monthly ETF (SPYM), which added 64,750,000 units, or a 4.2% increase week over week. Among the largest underlying components of
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Tradr 2X Long SPY Monthly ETF (SPYM), which added 64,750,000 units, or a 4.2% increase week over week. Among the largest underlying components of
Welcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics. I’m Christine Dobby , Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about war and sticky prices, RBC’s new fund for Canadian entrepreneurs and Mark Carney on the verge of a m...
Welcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and economics. I’m Christine Dobby , Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about war and sticky prices, RBC’s new fund for Canadian entrepreneurs and Mark Carney on the verge of a majority government. Plus: space is cool! Please share this newsletter with your friends and colleagues, and if it was forwarded to you, sign up here to receive it every week, along with all the other benefits of a Bloomberg subscription. Oil Shocked An economic term from the 1990s is being thrown around a lot these days to explain what consumers might see with gas prices: “rockets and feathers .” The idea is that fuel prices shoot up like a rocket when oil prices rise, but drift back down like a feather when crude costs decline. It’s particularly relevant now as the world economy weathers an oil shock, with roughly a fifth of global supply effectively unable to transit the Strait of Hormuz. Earlier this week, tensions were at a boil as US President Donald Trump threatened a massive bombing campaign to destroy Iran’s infrastructure. By then, the benchmark US crude price had doubled from early January. It then tumbled on news of a ceasefire. Yet experts say the threat of longer-lasting inflation in consumer prices is far from over. The term “rockets and feathers” comes from an academic paper by Robert Bacon, who used it to describe the “asymmetric speed of adjustment” of retail gas prices in the UK to declining wholesale costs. You don’t need a PhD to get the concept. In a recent Nanos Research survey for Bloomberg News, Canadians ranked cutting fuel taxes as the No. 1 action the government should take to offset higher gas prices. But Trevor Tombe, an economics professor at the University of Calgary, believes the theory doesn’t hold up. Historically, gasoline prices actually ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) where we have detected an approximate $177.3 million dollar outflow -- that's a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) where we have detected an approximate $177.3 million dollar outflow -- that's a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) where we have detected an approximate $188.1 million dollar outflow -- that's a 2.5% decrease w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) where we have detected an approximate $188.1 million dollar outflow -- that's a 2.5% decrease w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Industrial Select Sector SPDR Fund (Symbol: XLI) where we have detected an approximate $361.6 million dollar outflow -- that's a 1.2% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Industrial Select Sector SPDR Fund (Symbol: XLI) where we have detected an approximate $361.6 million dollar outflow -- that's a 1.2% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $321.5 million dollar inflow -- that's a 0.3% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $321.5 million dollar inflow -- that's a 0.3% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Dimensional US Core Equity 2 ETF (Symbol: DFAC) where we have detected an approximate $633.5 million dollar inflow -- that's a 1.5% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Dimensional US Core Equity 2 ETF (Symbol: DFAC) where we have detected an approximate $633.5 million dollar inflow -- that's a 1.5% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Financial Select Sector SPDR Fund (Symbol: XLF) where we have detected an approximate $798.3 million dollar inflow -- that's a 1.6% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Financial Select Sector SPDR Fund (Symbol: XLF) where we have detected an approximate $798.3 million dollar inflow -- that's a 1.6% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Dorsey Wright Technology Momentum ETF (Symbol: PTF) where we have detected an approximate $173.8 million dollar outflow -- that's a 27.6% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Dorsey Wright Technology Momentum ETF (Symbol: PTF) where we have detected an approximate $173.8 million dollar outflow -- that's a 27.6% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BNY Mellon International Equity ETF (Symbol: BKIE) where we have detected an approximate $180.1 million dollar outflow -- that's a 14.5% decrease we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BNY Mellon International Equity ETF (Symbol: BKIE) where we have detected an approximate $180.1 million dollar outflow -- that's a 14.5% decrease we
In this article LHA-DE Follow your favorite stocks CREATE FREE ACCOUNT Lufthansa Airbus A340 passenger aircraft as seen landing at Eindhoven Airport EIN during a rare charter flight, arriving from Athens, Greece. Nicholas Economou | Nurphoto | Getty Images Europe's airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and "significantly" harming...
In this article LHA-DE Follow your favorite stocks CREATE FREE ACCOUNT Lufthansa Airbus A340 passenger aircraft as seen landing at Eindhoven Airport EIN during a rare charter flight, arriving from Athens, Greece. Nicholas Economou | Nurphoto | Getty Images Europe's airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and "significantly" harming the European economy. ACI Europe, which represents airports across the European Union, said on Thursday that a supply crunch would derail airport operations and air connectivity. In a letter to the EU Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas, shared with CNBC, the industry body warned of the "harsh economic impacts" fuel shortages would have on the European economy. "At this stage, we understand that if the passage through the Strait of Hormuz does not resume in any significant and stable way within the next three weeks, systemic jet fuel shortage is set to become a reality for the EU," the letter said. ACI Europe said potential shortages are particularly worrisome ahead of the "peak summer season", when many EU member states rely on the economic boost from increased air travel. Air connectivity generates 851 billion euros (nearly $1 trillion) in GDP for European economies and supports 14 million jobs, according to the group. "As a result, it is essential that the EU prioritizes the availability and stable supply of jet fuel as part of its response to the oil and energy crisis triggered by the conflict in the Middle East," it added. watch now VIDEO 4:58 04:58 Jet fuel supply a concern for Asian carriers, ceasefire offers short-term relief Squawk Box Asia The U.S. and Israel's war with Iran, which began on February 28, brought traffic through the Strait of Hormuz to an effective halt, sending oil prices above $100 a barrel and pushing energy costs higher. Airlines were immediately impacted by soaring jet fuel prices, up 103% month-on-month a...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Health Care Select Sector SPDR Fund (Symbol: XLV) where we have detected an approximate $201.6 million dollar outflow -- that's a 0.5% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Health Care Select Sector SPDR Fund (Symbol: XLV) where we have detected an approximate $201.6 million dollar outflow -- that's a 0.5% decrease week
Arrive AI Inc. shares are trending on Thursday. Shares of the Indiana-based developmental technology company surged 32.39% after hours on Wednesday to $0.89, after announcing on Monday that it had secured its tenth U.S. patent for shared autonomous delivery endpoint technology. New IP Targets Last-Inch Delivery Gap According to Arrive AI, the patent enables several users share a single Arrive Poin...
Arrive AI Inc. shares are trending on Thursday. Shares of the Indiana-based developmental technology company surged 32.39% after hours on Wednesday to $0.89, after announcing on Monday that it had secured its tenth U.S. patent for shared autonomous delivery endpoint technology. New IP Targets Last-Inch Delivery Gap According to Arrive AI, the patent enables several users share a single Arrive Point, an AI-powered secure receptacle. It functions as a persistent endpoint for drones, ground robots