With the market oversold, we're going to hold our noses and do some buying

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Stocks fall, market oversold Stocks are lower again Friday, putting the S & P 500 on track for a third-straight week of declines for the first time since February. But the market is, at least, finally oversold, with the S & P 500 Short Range Oscillator at minus 4.54% following Thursday's sell-off.

Still, Estee Lauder expects to return to organic sales growth in fiscal year 2024 and deliver sequentially improving margins throughout the year. We'll provide a full analysis of the results later Friday. 3. Watch Palo Alto Networks Cybersecurity leader Palo Alto Networks reports quarterly earnings after the bell Friday, with significant market uncertainty around the results. The stock is down roughly 18% since the start of the month amid a broader industry pullback.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Investing Club's top 10 things to watch in the stock market FridayStocks are poised to open lower Friday, while Club name Estee Lauder posts a small quarterly profit.
Source: CNBC - 🏆 12. / 72 Read more »

Top 3 Tech Stocks Poised to Surge Amid Growing Likelihood of Soft Landing ScenarioStocks Analysis by Investing.com (Damian Nowiszewski) covering: STMicroelectronics NV ADR, Belden Inc, Vishay Intertechnology Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

5 Biggest Earnings Season Losers: Tesla's Margins Drop, Apple's Sales DisappointStocks Analysis by Investing.com (Jesse Cohen) covering: Microsoft Corporation, Alphabet Inc Class A, Qualcomm Incorporated, Apple Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »