Search Posts

“Don’t Get Your Hopes Up,” Jim Cramer Previews Jerome Powell’s Speech

It's been a rough week in the market, and it's only hump day.

Here's what Jim Cramer's watching in the markets on Wednesday, Nov. 28.

02:29 Salesforce
Salesforce CRM is Real Money's stock of the day.

The company released earnings after the bell Tuesday, Nov. 27.

TheStreet's Eric Jhonsa broke down his five biggest takeaways from the earnings report.

Here are his takeaways:

Backlog's Growth
Light Billings Guidance
Three Out of Four Product Segments Saw Very Strong Growth
Healthy International Growth
Salesforce Isn't Slowing Down its Spending
Cramer gave his thoughts on the company's quarter.

03:52 Jerome Powell's Speech
At 12 p.m. ET, Jerome Powell, the chair of the Federal Reserve, will be giving a speech at the New York Economic Club.

As Stock Market Reels, the Federal Reserve Doesn't Feel Your Pain
The speech is highly anticipated due to the fact that many believe a December rate hike from the Federal Reserve is imminent.

Stock Market Correction Puts Federal Reserve's Powell in Hot Seat
Here's what Jim Cramer is watching when Powell speaks.

07:15 Ask Jim
Got a question about the market? Reach out to @KatherineRooss on Twitter or email her at Katherine.Ross@TheStreet.com for a chance to have Cramer answer your question.

SUBSCRIBE |
___
We don't have a crystal ball, but we do have @JimCramer and @MarcChaikin and they're talking the markets on November 7. Join in on the conversation here:

You can also find us on…
ACTION ALERTS PLUS |
FACEBOOK |
TWITTER |
PODCASTS |
THESTREET.COM |
LINKEDIN |
INSTAGRAM | ?…

Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio:

Leave a Reply

Your email address will not be published. Required fields are marked *