Best Hour Of The Day Begins — Cramer On CNBC — June 27, 2024

Locator: 48049INV.

Poolside. 82° at 8:00 a.m. Should trend toward 100° by late afternoon. Beautiful breeze. 

Groundhog Day: From yesterday. I will update later when I’m back on the laptop. Currently on the iPad.

Cramer:

Walgreens facing existential issue. Brings up something I had forgotten about. To buy a Mach 5 razor one has to find a sales associate to come unlock the display. Walgreens down 22% in pre-trading this morning. Too many unprofitable stores. CEO needs to close unprofitable stores. Needs to completely reorganize aisles and front of store. And that still may not be enough.

Levi Strauss down almost 20% in pre-market trading. Cramer strongly “disagrees.”

AAPL opens up an outstanding $1.66 / share. Secret sauce: services. Now, +$2.21.

SpaceX valuation!

Cramer: the number of “pearls” he drops is amazing. His first hour is so much better than his afternoon show. Carl Q., Cramer, David Faber, truly amazing.

Holy mackerel: did all three indices just turn green?

Second hour: Sara Eisen and David Faber join Carl Q.

Autos: prices of used cars dropping quickly. New car prices to follow. Tom Lee.

Energy returns under Biden: cognitive dissonance.

SEC: huge loss before US Supreme Court. Wow. 6 - 3. Loss for Biden. Sotomayor in deep disagreement. Silly. Clearly a win for democracy. Bureaucrats cut off at the knees. Kagan, Jackson, and Sotomayor like the bureaucracy as is.

EPA also put on notice: link here. And, here.

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Baking School This Morning

Chocolate trifle:

This will be dessert for this evening's meal.

Sophia will be grilling salmon for dinner.