Cramer's First Hour, Part 2 -- December 3, 2024

Locator: 44486CRAMER.

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.  

Trump: best suggestion so far this week -- Canada, not Puerto Rico -- should become the 51st state. Maybe just western Canada -- annex it to Alaska, excluding a bit of British Columbia.

Market: I think I heard "the market" was up 20% two years ago; will be up 29% this year -- all that talk about a recession? And now, GDP with a 3-handle, an incredible jobs story (in the US) and the Fed is still thinking about another cut. Even Jim Cramer says "no" to that.  

Sophia's investing: hit some major milestones this year.

Next big thing: no, not really. This is not the "next big thing." It's been around for quite some time. Subscriptions. Mark Rober. YouTube. Years ago, I suggested Apple needs to get into the subscription model with regard its hardware. Haven't seen it yet. Still hoping. Would be I put $100 / month into Apple for an Apple subscription for an iPhone upgrade every year and a laptop upgrade every two years. I think so.

Art Cashin: finally, CNBC is getting around to "remembering" this icon. Eighty-three years old. Wow, I never noticed this before. The Squawk Box folks now have two -- count 'em -- two laptops in front of each of the taking heads. Amazing. Too bad they're not using the best, but again, CNBC is part of the Microsoft universe.

Intel: I've never seen such a negative review / interview as this one on CNBC this morning on Intel. Absolutely amazing. Again, I will try to find the link later today, but will probably forget.  

No Green No More: GM pulling out of EV initiative in Michigan. Huge, huge story. This story is just part of a much bigger story. Even Kernan was amazed. GM getting out of the battery business completely. No matter how Mary Barra spins it, this is a huge story.

Tech: just one of many examples. There are two camps --

• the AI revolution is all hype (pretty much the line "Fast Money" has taken)
• the AI revolution is real.
• I'm in the second camp.
• I just cringe when I think of all the "things" I missed the past two years.  But then again, slow and steady and I have no real concerns. Buffett's first law: don't lose money. Buffett's second law should have been: don't leave money on the table. AAPL. SNOW.
  

Exhibit A: CRDO -- up 230% this year, and will surge at the open today -- 

• today:

• year-to-date:

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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.