The speaker, Kramer, hosts the show "Mad Money" and is committed to helping investors make money. He promises to level the playing field for all investors and assures them that there's always a bull market somewhere. He welcomes viewers to his show and emphasizes that his job is not just to entertain, but also to educate and teach.
Kramer discusses the upcoming week's events, highlighting the huge number of cartridges that Wall Street throws out next week covering everything from banking to healthcare to Industrials. He mentions that the Dow finished up 76 points and Advanced just 0.14. He also mentions that the Federal Reserve is near the end of its tightening cycle, with the target for inflation being 2%.
He shares his game plan for the week, quoting that business is pretty darn good after all these raid heights they would have expected the business would have slowed down dramatically at this point but it hasn't happened. He also mentions that he expects to hear this sentiment from the industrial companies that speak at Morgan Stanley's annual Laguna conference.
Kramer shares his excitement about the upcoming Salesforce conference and his interest in Salesforce and Oracle's aggressive adoption of artificial intelligence. He also talks about the potential impact of Apple's new iPhone release and the potential consequences for Apple due to China worries.
He mentions the importance of the consumer price index numbers, the labor deal with the UAW, and the ARM IPO. He also shares his excitement about Adobe's upcoming report and Noir a utone builder's report, both of which could impact the stock market.
Kramer concludes by summarizing his thoughts on the market, emphasizing that he's sanguine about the market's future. He believes that a break in the oil valley and a stabilization of interest rates could lead to a reversal of the declines seen recently. He also mentions that the next week is the Fed meeting and that he will know the next move on the 20th if macro numbers are too hot.
1. The speaker's mission is to make money for investors.
2. The speaker, Kramer, welcomes viewers to Mad Money and Great America.
3. The speaker's role is to educate and entertain, not just for entertainment.
4. The speaker is discussing a large number of cartridges that Wall Street covers each week, ranging from banking to healthcare and Industrials.
5. The speaker is talking about a recent session where the Dow finished up 76 points, and the NASDAQ got up to 0.09.
6. The speaker is looking forward to next week when they expect to get the real skinny from hundreds of companies.
7. The speaker is discussing a narrative that business is pretty good after all the raids.
8. The speaker is expecting to hear this sentiment from the industrial companies that speak at Morgan Stanley's annual Laguna conference.
9. The speaker is also interested in the Barclays annual Global Financial Services conference where JPMorgan CEO Jamie Diamond is going to kick things off.
10. The speaker is expecting a near end of the feds tightening cycle, with the FED headed towards its two percent Target for inflation.
11. The speaker is discussing the historical difficulty of getting bullish in the stock market at this point in the cycle.
12. The speaker is discussing the potential for some companies to use their conferences to guide down the economy.
13. The speaker is discussing a few more of them because of where we are in the cycle.
14. The speaker is discussing the need to buy the stocks of companies that are doing well that have just spoken.
15. The speaker is discussing Salesforce and Oracle as potential investments.
16. The speaker is discussing Apple's new iPhone and how it might impact the stock.
17. The speaker is discussing Broadcom (symbol: AVGO) as a potential stock to consider due to its connections with Apple.
18. The speaker is discussing the potential for a minor slowdown in the economy.
19. The speaker is discussing the importance of the consumer price index numbers, retail sales numbers, and other macroeconomic indicators.
20. The speaker is discussing the potential for a break in the relentless oil valley and stabilization of interest rates.
21. The speaker is discussing the potential for a reversal of the declines seen in the market.
22. The speaker is discussing an investment in Celsius as a potential energy for the portfolio.
23. The speaker is discussing the potential for a reversal of the move in the stock of RH after earnings.
24. The speaker is encouraging viewers to follow Mad Money on Twitter, to email Mad Money at cnbc.com, or to call at 1-800-743-cnbc.