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Jim Cramer's top 10 things to watch in the stock market Tuesday

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U.S. stock futures rose Tuesday after Monday's sharp market sell-off.

My top 10 things to watch Tuesday, Aug. 6 1. Unwinding of the Great Carry Trade of Japan … or not. One factor playing a role in the sell-off Monday was the unwinding of the popular "carry trade" strategy that seeks to profit on interest rate differentials. We took advantage of the volatility to put cash to work in quality U.S. stocks that were being dragged down .

A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August 5, 2024.playing a role in the sell-off Monday was the unwinding of the popular "carry trade" strategy that seeks to profit on interest rate differentials. We took advantage of the volatility toreported much better-than-expected results for the second quarter: EPS of 47 cents vs. consensus estimate of 31 cents, according to LSEG; $10.7 billion vs. $10.

 

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