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What Cramer is watching Wednesday — Fed day, AMD signs of life, China hits Estee Lauder - CtrlF.XYZ

What Cramer is watching Wednesday — Fed day, AMD signs of life, China hits Estee Lauder

2 years ago 116

Jim Cramer connected Squawk connected the Street, June 30, 2022.

Virginia Sherwood | CNBC

What I americium looking Wednesday, astatine Nov. 2, 2022

U.S. banal futures driblet Wednesday up of what's expected to beryllium the Federal Reserve's 4th consecutive gathering of an involvement complaint hike of 75 ground points. Whether the market's alleviation rally, which carried the Dow successful October to its champion period since 1976, tin proceed whitethorn beryllium connected what cardinal bankers awesome connected aboriginal tightening. ADP says October occupation maturation astatine U.S. companies was 239,000 versus 195,000 expected. The government's monthly employment study volition beryllium released Friday, 2 days aft the Fed's decision.
Signs of beingness astatine Advanced Micro Devices (AMD)? Data halfway good. Embedded good. Gaming good, but not definite that stays (Sony tells america PlayStation down 10%). PC down 20%. Data halfway runs cooler than Intel (INTC). No large vulnerability to China. While missing lowered expectations successful the 3rd quarter, Club holding AMD did spot a year-over-year gross growth. The banal is up 6% successful the premarket. Advanced Micro Devices CEO Lisa Su connected "Mad Money" tonight.

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