6 things we’re watching in the stock market in the holiday-shortened trading week ahead

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6 things we’re watching in the stock market in the holiday-shortened trading week ahead
Jim Cramer,Investment Strategy,Markets

The Fed's favorite inflation gauge and earnings from Club holdings Best Buy and Crowdstrike are among the biggest events on our radar.

The S & P 500 made a clean sweep, closing higher every day last week. Aside from Nvidia 's earnings report, which turned out to be pretty uneventful in terms of impact on the overall market, investors continued to branch out into stocks beyond tech. For the week, the Dow Jones Industrial Average reflected that trend and led the way higher with a 1.96% gain. The S & P 500 and Nasdaq — both weighted heavier in tech — each advanced roughly 1.7% for the week.

That didn't make sense, considering geopolitical tensions increase the threat of cyberattacks, making it even more necessary for enterprises and governments to use best-of-breed digital security solutions to remain secure. CrowdStrike, despite its turbulent summer, fits that bill.

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