Wednesday, October 16, 2024

Cramer's First Hour, Part 3 -- October 16, 2024

Locator: 48596CRAMER.

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.   

Disinflation or deflation: seeing this all over Amazon. Prices dropping. And not by just a little. Down almost 25%. Say what?  And this was not a "Prime Day special." This was from yesterday, current pricing, down 24%. 

Boeing: machinists still on strike and no meetings even scheduled. Some feel there's no way the machinists will see their demands met with the current financial situation Boeing is in. Waiting for government bailout? BA market cap around $90 billion -- Buffett could write a check and buy the company.

J.B. Hunt: interesting. Up 6.7% in pre-market trading. Cramer: don't get suckered into this one. But he does say he likes J. B. Hunt. so I can't make heads or tails of what Cramer is saying. 

Concerning: link here.  But only slightly. Let's see. 11 + 3 = 14. 100 - 13 = 86.


Personal mileage, my wife's 2007 Chrysler minivan, the workhorse in our stable:


Inflation: sake. Normally sells for 2/$12.


AAPL: at the open -- opens down 1%.

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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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