Cramer -- First Hour -- Tell Me Again, Recession Is Back On The Table -- August 15, 2024

Locator: 48421CRAMER.

At the open:

Link here.

Recession? What recession?

Struggling consumer? What struggling consumer? 

Cramer: "we're seeing some growth with declining inflation" -- "nirvana."

Walmart soaring after earnings report.

• CEO: "we're not seeing any sign of a weakening consumer."
• WMT: trending toward $600 billion market cap
• Walton "family" controls 46% of the outstanding shares
  

CNBC headline: stock futures jump after economic data.

• jobless claims come in light, retail sales smash estimates.
• pre-market after the economic data came out:
  

 The chartist:

Ones to watch today: INTC, F, CSCO, OXY, BRKB, SRE, ENB. And AAPL, of course.

Personal investing: Sophia has the cash to invest, but will wait for the inevitable pullback tomorrow or next week. Biggest problem? What to buy? Simply too many opportunities. I don't know if folks are paying attention, but the gains this past year have been incredible. 

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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. 

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