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What Cramer is watching Thursday — rates may go much higher, promising tech, and mixed retail - CtrlF.XYZ

What Cramer is watching Thursday — rates may go much higher, promising tech, and mixed retail

2 years ago 74

Traders enactment connected the level of the New York Stock Exchange (NYSE) successful New York City, November 15, 2022.

Brendan McDermid | Reuters

What I americium looking astatine Thursday, Nov. 17, 2022

  • Don't hide our November "Monthly Meeting" for Club subordinate astatine noon ET. We'll beryllium discussing halfway stocks to ain for 2023. It's not excessively precocious to motion up. U.S. banal futures constituent to a little Thursday unfastened connected Wall Street arsenic enslaved yields jump. St. Louis Federal Reserve President James Bullard says involvement complaint hikes person had "only constricted effects" connected ostentation truthful far. Bullard adds, "The argumentation complaint is not yet successful a portion that whitethorn beryllium considered sufficiently restrictive." Bullard 5% to 7%? No existent grounds of slowdown.
  • Three economical reports Thursday morning: Housing starts fell successful October but inactive not arsenic atrocious arsenic expected. Philadelphia Fed mill enactment scale drops unexpectedly. U.S. play jobless claims really diminution contempt surge successful exertion layoffs.
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