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Monday, September 16, 2024

Cramer's First Hour -- Empire State Manufacturing Survey -- Huge Surprise -- AAPL Plunges -- Monday, September 16, 2024

Locator: 48599CRAMER.

Cramer's first hour: a mix of facts, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBCLink here.

.Goldman Sachs, link here:

Cramer: livid with anger about analysts reporting poor Apple iPhone 16 sales over the weekend -- iPhone 16 Pro and Max Pro. 

Cramer: still bullish on DIS. Owns it for his charitable trust. 

Tech: "everything" looks negative pre-market; exception -- Oracle up a bit. Cramer, et al, spent a lot of time on Oracle. Broadcom, Oracle, and Nvidia up double-digits last week. 

Personal investing: Sophia looking at taking advantage of buying tech on the dip. 

Empire State Manufacturing Survey, link here. Forecast: -0.5. Actual: up 11.5 points.

WTI: reclaims $70. 

AAPL: down over $8 at the open. Down 3.6%. 

Boeing: incredibly, 45 minutes into Cramer's first hour and has not mentioned Boeing, unless I missed it. But does discuss Cleveland-Cliffs and US Steel.

Musical interlude: Miami Vice.  

Later: again, on CNBC today, mid-day, the talk was back to "hard landing" vs "soft landing." It feels like we've been having this discussion for years. It makes one wonder how long we're going to have this discussion. As far as I can tell, there's been no "advertised" timeline.

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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. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.

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