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 Thursday's key moments. 1. Stocks were having another down day, led lower again by the mega-cap tech names. Jim Cramer said Thursday it's the S & P Oscillator pointing to an oversold market versus better-than-expected GDP in the third quarter, which could raise Fed interest rate hike concerns. Bond yields are OK on Thursday. Oil was down 2%.
Like, General Motors , third-quarter results are expected to be OK. But all anyone will care about is the tentative agreement that Ford and the UAW reached, and how much the six-week strike has cost Ford. We're also interested in what Ford has to say about balancing making money on internal combustion engine vehicles and hybrid vehicles against investing in fully electric vehicles, a division that's been losing money. Jim said he would not buy Ford in the dip at this point.