Cramer's First Hour, Part 1 -- December 3, 2024

Locator: 44485CRAMER.

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. 

Thanksgiving travel:

• United Airlines, incredible. I will try to find the CNBC interview later. This is simply amazing. The numbers being reported for Sunday after Thanksgiving are simply staggering. 

Airbus.

Pre-market: both AAPL and NVDA hold gains from yesterday. 

Peter Zeihan today: no shale oil for Europe -- we've known this for two decades --

ATT.

ISONE: now $215. Link here. Again, $215. And using more coal than wind.

The election: it was not "turnout" that doomed Kamala. It was the message. The New York Times. Link here. From the essay:

During the campaign, The New York Times and Siena College polled many of these voters. After the election, we analyzed election records to see who did and didn’t vote. The results suggest that higher turnout wouldn’t have been an enormous help to Harris.

That may be surprising. It’s not usually how people think about turnout. Typically, turnout and party-switching are imagined as independent. After all, millions of voters are all but sure to vote for one party, and the only question is whether they’ll vote. In lower-turnout midterms and special elections, turnout can be the whole ballgame.

But in a presidential election, turnout and persuasion often go hand in hand. The voters who may or may not show up are different from the rest of the electorate. They’re less ideological. They’re less likely to be partisans, even if they’re registered with a party. They’re less likely to have deep views on the issues. They don’t get their news from traditional media.

Throughout the race, polls found that Trump’s strength was concentrated among these voters. Many were registered Democrats or Biden voters four years ago. But they weren’t acting like Democrats in 2024. They were more concerned by pocketbook issues than democracy or abortion rights. If they decided to vote, many said they would back Trump.

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Recipes: Meatloaf

Once Thanksgiving leftovers are gone, homemade meatloaf?

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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.