Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stock gains continue: The market is higher on Monday, extending its gains over the past three sessions to nearly 3%. One reason for the recent comeback is that the market hasn't been fighting bonds.
It was a different story on April 19, when the stock entered correction territory after falling 10% in a single session. "Perhaps the selling in Nvidia has run its course? A 20% decline from its peak to a recent low might be the last of it," Jim said. Eli Lilly is making a solid comeback Monday. Last week was a choppy one for the pharma company, with the stock surging nearly 6% after raising its full-year sales outlook by $4 billion.
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