Cramer's First Hour -- Part 2 -- October 16, 2024

Locator: 48586CRAMER.

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.  

Chevron (CVX): Cramer just mentioned Chevron -- says folks should go out and buy CVX. Not on my bingo card -- not even close. Wow!

Market cap: did market cap of NVDA just surpass that of AAPL? 

Israel: US missile defense system (THAAD) has just arrived in Israel; will be operational "shortly." 

Will it be up and going before the next strike? Is this what Netanyahu has been waiting for before launching major strike against Iran? Netanyahu has been using time wisely waiting for the missile defense system. And, oh, by the way -- US uniformed personnel operating this new missile defense system so no time needed to bring Israeli troops up to speed on operating this system. Given the little press on this suggests folks don't understand how big this new "wrinkle" is. So many story lines. One story line that is lost: completely counterbalances Kamala Harris' one-sided support for Hamas, Hezbollah, anti-Israeli Palestinians, two-state initiative.

Data centers: those LDCs already announced don't have the energy needed, and more data centers planned.

Cummins: makes the engines that back up the renewable energy supplying the data centers.  

Boeing: an absolute debacle. Just a hair's breadth away from "junk status." Machinists strike is costing the company $1 billion / month. Strike at 33 days and will go into November. 

Wow, that Sara Eisen is incredible. Wow, she knows her stuff. 

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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.