Cramer's First Hour -- Part 4 -- October 18, 2024

Locator: 48624CRAMER. 

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.

David Faber has the day off. Just Carl and Jim.  

WTI: drops below $70. Peace must have broken out in the Mideast.

Market opening: it could be a huge day for tech. Again. Dow is negative in pre-market trading, but indications suggest it could be in the green by the end of the day. The one I'm watching today? AAPL. Surprise, surprise! LOL. Reminder: iPhone 16 sales surge in China. First sales report -- the "16" was introduced in China three weeks ago. Biggest conundrum: what is Buffett up to?

Goldilocks: Carl just used that word. Whoo-hoo! Carl's "binder" continues to impress me.

Cramer now doing a report on Apple -- still doesn't understand how analysts missed this one. AAPL opens up $2.66; up 1.31%. But it's gonna be up and down for the next two hours. Note, multiple:

• Trane: 39
• AAPL: 35.
• okay.

Goldilocks: Cramer just mentioned that word. Whoo-hoo! 

SLB: still touts, pumps, pushes SLB. Says SLB is the best in their sector. And, get this, references RNB Energy this morning! Which I've already posted -- some hours ago!

DIS: Cramer still "hopeful" on Disney. Likes an influencer by the name of Bob Iger.

Amazon: mandates workers come back to office full time -- if workers balk, they can find work elsewhere. Wow. Now that Amazon has done this, the rest will follow. The word is getting back to Jeff Bezos that a lot of engineers working from home are now working for two -- and perhaps as many as three -- tech companies. Managers running into a lot of engineers working from home who can't explain what they're working on. 

Autos, multiples:

• GM: 5.
• F: 12.

Chart of the day:

Polestar: I was going to post the Polestar chart also but absolutely not worth it.

Tesla, Model S: price plummeting. Link here.

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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.