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Why Friday's market moves are an 'amazing feat' — listen to the 'Homestretch'

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Jim Cramer says Wall Street's reaction to a bunch of disappointing Big Tech earnings is impressive. He also mention the Club stocks he believes are worth buying here.

WE HAD A MARKET LIKE I SAID INHIKE AND THEN WE'RE DONE ANDMULTIPLE HIKES.THAT'S AS HIGH AS IT GETS ANDHE'S BEEN VERY, VERY CLEAR ABOUTHE'S REAL SERIOUS ABOUT THIS.I DON'T KNOW WHY PEOPLE DOUBTRALLIED BIG AND THE NASDAQ WASDESPITE THE FACT OIL IS DOWNIT'S ONE OF THE TOP FIVE STORIESYOU KNOW I THOUGHT THE DOW WOULDTO DO.I'M TIRED OF THEM.

THEY HAD SUCH A WEEK I DON'TI FEEL IF JIM FARLEY DOESN'TIT'S JUST WHEN I LOOK WHAT G.M.QUARTER.$20 MILLION IS COOL.SCREWED UP, JUST SEEMS LIKE IT'STHAT'S WHAT I'M WORRIED ABOUT.CURIOSITY I GOT ABOUT THE OILI'VE DONE FOR 25 YEARS IS THATWILL BOTTOM.AND THE STOCK IS UP AGAIN.

 

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Tech stocks lead market rally as last year's winners sink — listen to the 'Homestretch'Jeff Marks, the Club's director of portfolio analysis, examines Thursday's surge in tech stocks including Meta Platforms (META). He also looks ahead to the six Club holdings that report earnings after the close. A transcript will be added shortly.
Source: CNBC - 🏆 12. / 72 Read more »