Cramer's First Hour, Part 4 -- September 19, 2024

Locator: 48323CRAMER. 

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

Hard landing: predicted by "everyone" a year ago. Now? Not so much. 

Fair value vs futures price: link link.

S&P 500 vs Dow: when I first started trading decades ago, a rule of thumb was a ten-to-one ratio, Dow:S&P 500. With the S&P 500 futures up 90 points, the Dow futures "should be" up 900 points. Oof-da. 

Bottom line: the reason that the US is where it is -- pumping oil. The most important ingredient in lowering costs. The US is now producing an astounding 13 million bopd. Both sides in agreement. Turned back "green energy" and didn't ban fracking. Don't overthink this: see this post.

**********************************
Disclaimer
Brief 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.