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Wednesday, October 2, 2024

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

Locator: 48460CRAMER.

Sara Eisner: Dow coming back strong. Wow, just turned green (9:46 a.m. CDT -- October 2, 2024). At noon, CDT, all indices are green. Whoo-hoo! This tells me the strong bull market is only going to get stronger.

Mideast: amazing how little this is impacting "anything."

Port Strike: amazing how little this is impacting "anything."

INTC: Intel keeps popping up whenever Nike (NKE) is mentioned. Only one stock is worse than the other.

Apple: Barclay's Tim Long, including bearish on Apple. Has lowest price target of AAPL analysts:  $186 price target. Could see 10%, even as much as 15% plunge in AAPL price before it resets. He makes a very convincing case. Biggest concern: the court case Google-Apple browser issue. If court rules against the relationship, will have huge impact on share price in the short term. Huge. For the archives.

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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.

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