Cramer's First Hour, Part 2 -- Dow Hits New Record High -- November 8, 2024

Locator: 48737CRAMER.

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.  

Dow hits new record high.  

Consumer sentiment: 73.0 vs 71.0 expected! And those numbers would have been coming in prior to the outcome of the election.

New administration: everyone coming out of the woodwork -- they all want to be part of this excitement, part of this new administration! Wow. All of a sudden it's "in" to get a photo with the new president. Maybe we'll see Melania on the front cover of some fashion magazine this year. I'm not holding my breath.

Path to 218: the US House.

NVDA, Sherwin-Williams: joins the Dow today. Whoo-hoo! Nvidia (NVDA): first company in history to hit a market cap of $3.6 trillion. Meanwhile, Tesla hits the $1 trillion market cap milestone.

TSMC October 2024 revenue report, just released. Double-digit growth m/m; y/y.

Palantir: will be huge beneficiary of "deportation" issue.

SRE: chart of the day. I've always considered this a $60 stock (split adjusted). One of my biggest holdings; have had it for decades. Cost basis? LOL.

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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 something appears wrong, it probably is. Feel free to fact check everything.
  
• 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.
• Longer version here.