Cramer sees 'nirvana moment' for the market and sorts through the big stock movers

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. Wall Street was mixed Friday, with the Nasdaq leading the way higher on Netflix 's nearly 11% post-earnings surge to an all-time high. During the morning meeting, Jim said the market was in a "nirvana moment." He said oil back under $70 per barrel and retail sales coming in strong make for a great backdrop for stocks.

Looking ahead to next week, we get earnings reports from three of our industrial-focused stocks: Danaher on Tuesday and Dover and Honeywell on Thursday. Jim thinks Honeywell will be the least interesting because it recently announced plans to spin off its advanced materials business and said earnings will come in at the high end of guidance. Danaher should be more compelling because a bioprocessing peer made its quarterly number for the first time in a while.

Canada Canada Latest News, Canada Canada Headlines

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

CNBC Investing Club Recap: Wall Street Mixed, Nvidia Rallies, Micron Earnings AheadWall Street saw mixed performance on Wednesday, with the S&P 500 hovering near flat. Despite downgrades and market overbought conditions, Nvidia shares surged after a Barron's report on CEO stock trades. The club trimmed Meta Platforms, Danaher, and Alphabet holdings. Micron reports earnings tonight, offering insights into consumer electronics demand and AI chip inventory.
Source: CNBC - 🏆 12. / 72 Read more »

2 of our China-related stocks are on the move after the Chinese government pledges more stimulusThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »