Friday’s stock market rotation gives a further boost to an out-of-favor sector
Jim Cramer and CNBC Investment Club with Jim Cramer on weekdays are organizing a live stream at the “Morning Meeting” at 10:20. Here is a summary of the key moments on Friday. The 1. S&P was under slight pressure on Friday, but it was a strong week with more than 1%earnings. Health stocks are palantir and the club name continued to return at the expense of Momentum names such as Ge Vernova. Dow was performing better than the wider market, and Warren Buffett received a support for the best day of Unitedhealth in five years after Berkshire Hathaway’s three -month securities files revealed a significant stake of the problematic insurer. “Big Short” Investor Michael Burry and David Tepper from Appaloosa Management announced great bets at the compulsory health insurance company. According to the latest emotion data of Michigan University, consumers felt worse about economy and future inflation in the first weeks of August. The survey director said that consumers received the worst scenario about tariffs from the table. “However, consumers continue to expect both inflation and unemployment to deteriorate in the future.” The government released its July retail sales before Friday, and the headline and old numbers match with expectations. 3. HSBC analysts, the club name Cisco Systems on the notes, this week’s release of earnings after the $ 69 -per -share price of the Stock price. They think that a re -stock advantage that removes the company’s network segment is almost over. HSBC also pointed out that Cisco’s security business is under expectations. We also criticized our earnings analysis during Wednesday evening and Thursday monthly meeting. However, the switch is that the AI infrastructure business is trapped in our opinion on Cisco. (Jim Cramer’s philanthropist trust is long CSCO. Look here for a full list of stocks.) By subscribing to Jim Cramer and CNBC Investment Club, you will receive a trade warning before Jim made a trade. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. If Jim talked about a stock on CNBC TV, he’s waiting for 72 hours after trading warning before trading. The above investment club information is subject to our conditions and conditions and our Privacy Policy with the waiver. There is no confidence or duty or not, as you receive any information provided in connection with the Investment Club. A specific result or profit is not guaranteed.
