Top 10 things the Club is watching in the stock market Tuesday

1. The Dow, the S&P 500 and the Nasdaq are acceptable to unfastened somewhat higher up of Fed Chairman Jerome Powell's 10 a.m. ET quality earlier the Senate Banking Committee. The yields connected the 2-year and 10-year Treasurys down are somewhat little this morning. Powell faces circular 2 Wednesday earlier the House Financial Services Committee.

2. Meta Platforms' (META) "year of efficiency" acceptable to continue: Bloomberg is reporting occupation cuts successful the thousands could hap arsenic soon arsenic this week. The enactment would beryllium successful summation to the 11,000 occupation cuts announced past November. Jim Cramer has been saying Meta needs to bash much layoffs.

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3. Air Products and Chemicals (APD) added to the tactical outperform database astatine Evercore ISI. The Club prefers Linde (LIN). Evercore raised its terms people connected Linde to $375 per stock from $355. LIN has outperformed APD by astir 16% since earnings, and it would not astonishment america to spot APD play a small catch-up here.

4. Goldman initiates sum connected the networking instrumentality group. They similar Arista Networks (ANET) and Juniper Networks (JNPR). Neutral connected Club holding and Dow banal Cisco Systems (CSCO) and F5 (FFIV).

5. Club holding Amazon (AMZN) is present "solidly" Goldman Sachs' apical net prime for the remainder of 2023.

6. Rivian Automotive (RVIN) sinks aft announcing plans to rise $1.3 cardinal successful greenish convertible notes.

7. Delta Airlines (DAL) upgraded to overweight astatine Evercore ISI aft lagging peers. Analysts determination accidental caller aviator declaration ratification lowers the airline's outgo outlook.

8. Loop Capital's survey says Netflix (NFLX) charging for password sharing volition much than offset the nonaccomplishment of subscribers. Loop increases terms people to $330 per stock from $320.

9. Dick's Sporting Goods (DKS) moving higher aft reporting a quarterly earnings-per-share and same-store income beat. EPS outlook for 2023 of $12.90 to $13.80 good supra estimates of $12.

10. WW International (WW) is higher aft announcing woody to get the anti-obesity-focused telehealth supplier Sequence. The woody highlights the attraction the anti-obesity marketplace is gaining done the emergence successful usage of Eli Lilly's (LLY) Mounjaro (off-label and up of regulator support for value loss) and Novo Nordisk's (NOV) Wegovy (already connected the marketplace for value loss). The drugmakers are the amended mode to play this emerging opportunity. There are mode excessively galore telehealth providers and it volition beryllium hard for WW to differentiate.

(Jim Cramer's Charitable Trust is agelong META, LIN, CSCO, AMZN, LLY. See here for a afloat database of the stocks.)

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