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CNBC Investing Club Morning Meeting Recap
Recap of CNBC Investing Club's Morning Meeting on Wednesday, covering market reactions to the presidential election results and trading decisions on various stocks.
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Cnbc Investing ClubWells FargoMorgan StanleyBlackrockNvidia
Jim CramerDonald Trump
- What was Jim Cramer's assessment of Nvidia's prospects under a Trump presidency?
- Nvidia reached an all-time high, and Cramer stated that Trump's presidency wouldn't harm its relationship with TSMC, highlighting Nvidia as an American success story.
- What was the market's reaction to Donald Trump winning the presidential election?
- The CNBC Investing Club's Morning Meeting on Wednesday discussed the market's reaction to Trump's election win, with the Dow surging to an all-time high.
- What is the process for trade alerts and trade execution within the CNBC Investing Club?
- The CNBC Investing Club provides trade alerts to subscribers 45 minutes before executing trades, with a 72-hour delay for stocks discussed on CNBC TV; no specific profit is guaranteed.
- What was Jim Cramer's prediction for the bond market following Wednesday's stock market surge?
- Jim Cramer predicted that while Wednesday belonged to the stock market, Thursday would shift focus to the bond market, cautioning about rising bond yields' potential impact on interest-rate-sensitive stocks.
- How did the CNBC Investing Club react to the performance of financial stocks like Wells Fargo, Morgan Stanley, and BlackRock?
- The financial sector was a major winner, with Wells Fargo and Morgan Stanley soaring, prompting the club to trim positions and book profits, while BlackRock shares dipped despite Cramer's decision to buy more.