[ad_1]
Here are some highlights from “The Homestretch,” our new audio feature with Jim Cramer and portfolio director Jeff Marks to get Club members ready for the final hour of trading on Wall Street. ‘Countertrend day’ Jim Cramer: “Today is very much a countertrend day.” Jeff Marks: “Countertrend being that a lot of stocks and sectors that worked for so much of ’22 — whether it be health care, whether it be energy — those stocks are really a source of funds [being sold] for stocks that didn’t do so hot last year such as technology and semiconductors that are just absolutely on fire today. … People aren’t being AMD [Advanced Micro Devices] because they’re thinking the business is doing any better.” ‘Fundamentals have not improved’ JC: “It’s rotation into what’s come down enough. And I’ve got to tell you, we’ve been holding on to Nvidia , holding on to Microsoft , on the idea that we get one of these days to lighten up a little — in part because we know that in the end fundamentals do matter. And the fundamentals for these stocks are, let’s just say they are in doubt. … The fundamentals have not improved. (Jim Cramer’s Charitable Trust is long AMD, NVDA, MSFT. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
[ad_2]
