Fed-induced rally is unsustainable, especially for 5 sectors

Fed-induced rally is unsustainable, especially for 5 sectors

It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one of the most astonishing and satisfying I have seen in 43 years of investing. In nine weeks, we blew through price targets on so many … Read more

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

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

My top 10 things to watch Tuesday, Jan. 2 1. The S & P 500 finished 2023 with nine straight up weeks, its best winning streak since 2004. Up 24% for the year. We’re kicking off the new year by trimming 8 stocks that had huge runs last year. Bulls make money, bears make money, … Read more

James Gorman talks Disney succession, proxy fight

James Gorman talks Disney succession, proxy fight

Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning committee at Disney, which will advise the board on choosing CEO Bob Iger’s successor. Gorman is set to step down as Morgan Stanley CEO Jan. 1. He will join Disney’s board in February. Disney announced last month that Gorman … Read more