Financial News vs. Noise Newsletter
In the News:
T-Rex Pushes Single-Stock ETFs to New Levels-ETF.com
Banks, which Jim likes, kicked off earnings season and of course C, the bank he likes the least was up 1.04%, while WFC, his favorite, was down 3.34%. Oil stocks, which he doesn’t like, had a good day on Friday.
Cramer reiterated his negative call on Bitcoin, but referenced Larry Williams for it. Cramer has been awful on crypto, but Larry knows what he is talking about. Hence, why this call has been correct so far.
Jim reiterated that he has taken some tech off the table in his charitable trust.
SCHW, KMI, and FHN are all earnings calls from Jim.
Cramer Picks for 1/12/24
SCHW
KMI
FHN
AXP
CPB
BABA “I say no to China”
MO
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