Cramer's First Hour, Part 4 -- October 16, 2024

Locator: 48597CRAMER.

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.   

Holy mackerel: after a weak opening, the Dow is now up 130 points before the 30-minute timer has rung.

Inflation, cars: new cars -- incredible. Price range for all socioeconomic classes. Sweet spot for many Americans: $30,000 and plenty of makes / models in that price range. Calculator here. Below $30,000, the car is very, very "basic," no bells and whistles but will get the job done. Real world example,# not imagined. A $30,000 car with $5,000 down at 4.9% interest rate for seven years in north Texas will result in a monthly payment of around $350 / month, or $12 / day, the price of two pumpkin spice lattes (I must be missing something; I often make simple arithmetic errors). If one can swing it, a three-year loan can be had for 1.9%. Almost free money when one thinks about it.

Starbucks:

CSCO: wow, wow, wow. Cisco leading tech today. Who wudda thought? 

Inflation: dropping like a rock in Europe. Many countries reporting a CPI with a one-handle, as in 1.7% inflation.

Personal investing: "backed up the truck" on SCHG as Cramer would say. Past tense. Largest addition to this position in quite some time. Top holdings (below), and they say this is not a "tech" ETF. After the split, Sophia got really, really excited. LOL.

**********************************
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.