The Million Dollar Way (The Bakken Oil Blog): CNBC On A Record Day -- Starting With The Cramer Morning Hour -- May 15, 2024

Wednesday, May 15, 2024

CNBC On A Record Day -- Starting With The Cramer Morning Hour -- May 15, 2024

Locator: 47156B.

All three major indices will likely close at all-time highs. Despite all the headwinds.

Note:

GPDNow, link here.

Economic indices:

headline: tracks all prices
core: strips out food and energy

PCE, link here.

Analysts:

some analysts "know" too much and end up missing huge moves, huge opportunities

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The Halftime Report

AAPL: at 11:30 a.m. CDT -- AAPL hit $190.26. The panelists who dissed AAPL / who sold AAPL are now trying to spin their "wrong" decisions. Pretty funny. Hilariously funny.

Anyone paying attention?

Joe buys AMGN:

Mentions EW in same breath as AMGN:

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Second Hour With Sara Eisen

US markets:

S&P and NASDAQ both trading at new highs.
Sempra hits a 52-week high; completely unexpected only a few months ago;

ETSC

most exciting: Charles Schwab at a new 52-week high; great news for Schwab's employees

I don't directly hold stock in Charles Schwab

CVX holding back the Dow; CVX now the most shorted stock; takes that bragging right away from TSLA in past 24 hours

oil coming down in price; CVX unlikely to close deal with HES

AAPL: wow, after breaking through $188, now, just broke through $189!

I'm completely convinced the Comcast announcement was huge for Apple

SRE: not often seen in utilities -- and completely unexpected only months ago --

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First Hour With Jim Cramer

All-time highs at the opening. -- CNBC

Dividend watch:

TSM increased dividend year/year; but a decrease from previous quarter.
SRE maintains dividend.
3M cuts quarterly dividend from $1.50 to 70 cents y/y but recently paid special dividend of $17 cash/stock.

3M:

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Disclaimer Briefly

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

See disclaimer. This is not an investment site.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

AAPL: up again today in pre-market trading. Albeit, not by much, but broke through $188.

CPI: first slowdown of the year. Futures surge: