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

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Morning Meeting Recaps,Jim Cramer,Investment Strategy

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. 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.

 

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