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. The S & P 500 jumped to another record high Friday, just a few points below 6,000. The post-election rally, with a Federal Reserve interest rate cut kicker, was making for the best week in a year for the broad market index. "This bull market is not going to get tired," Jim Cramer said.
Home Depot reports its quarter before Tuesday's opening bell. Lower interest rates and bond yields bode well for mortgage rates coming down, which is crucial to Home Depot's business. Disney reports before Thursday's open. Jim said this may not be the quarter for Disney because theme parks still look soft. But he sees positive catalysts ahead including streaming profitability, a better slate of movies and new cruises.
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Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »