Top 10 Things to Watch Friday, Nov. 29 1. US stock futures on the last trading day of November, as the 10-year Treasury returned to its lowest level since Oct. 30 and 2 years beat his lowest. post since Nov. 8. Wall Street continues to win weeks and months. As a reminder, the market closes at 1pm ET. 2. Bloomberg reported that the Biden administration is considering additional semiconductor equipment and anti-AI chip exports to China. Explosive stocks are high, however, because the restrictions seem to be less than fear. 3. The S & P 500 Short Range Oscillator closed Wednesday at 3.94%, indicating that today’s relatively positive session could lead us to the territory of the retracement. (Anything above plus 4% would indicate that the market is overbought; anything below minus 4% would indicate that the market is oversold.) Also, it would be and it will be a low volume shopping day, which means there is no need to throw out any big ones. continues upward. 4. The Federal Trade Commission announced a broad antitrust investigation into Microsoft on Wednesday evening. Analysts at Wedbush said in a note this morning that although the news is not surprising – the FTC has been communicating openly with competitors and partners – “a bad day for technology. [Commissioner] Lina Kahn at the FTC is showing the numbers now at the Trump White House.” 5. Australia wants to ban children under 16 from using social media. How to enforce that, remains to be seen, but it’s there how important it will be. in the technology industry 6. Holiday shopping season is up Salesforce data shows that online sales are about 4% to start the season, compared to 2% n ‘this time last year , according to Reuters. The report cites other data from the National Retail Federation and Deloitte, which show that this is expected to be a slow holiday shopping season. ‘in six years 7. The supporters of President Donald Trump are planning to spend more money this Black Friday, while Kamala Harris voters can restore their budget, according to CNBC’s Gabrielle Fonrouge, the analysis of the shipping rate has increased in many red states then fell in many blue states following the election, with Trump supporters more optimistic about the economy and Harris voters more optimistic. 8. Many stores have slightly higher sales Friday as Black Friday begins. Walmart rose 0.2%, Target gained 0.1%, Dick’s Sporting Goods rose 0.6%, and Costco increased 0.15%. 9. In case you missed it, we answered a question from Mailbag Wednesday, which asked what we look for after finding a product we’re interested in. These are two big questions we are trying to answer. 10. Box office analysts expect the five-day Thanksgiving weekend, which runs from Wednesday to Sunday, to clear $200 million in ticket sales, according to a CNBC report. That would make it the best showing since the Covid-19 pandemic. It could end up being the third or second Thanksgiving weekend of the season. Driving ticket sales: Disney’s “Moana 2,” Universal’s “Wicked,” and Paramount’s “Gladiator II.” Sign up for my free Top 10 Morning Thoughts on the Market email newsletter (See here for a complete list of stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive alerts trade. before Jim did business. Jim waits 45 minutes after sending a trade before buying or selling stocks in his charitable trust portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after giving a trade look before making the trade. The investment club information above is subject to our terms and conditions and privacy policy, as well as our disclaimer. NO OFFICE OR BUSINESS IS AVAILABLE, OR IS CREATED, BY ACCURATE RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT COMPANY. It is NOT productive or profitable.
Microsoft CEO Satya Nadella speaks during an interview in Redmond, Washington, on March 15, 2023.
Chona Kasinger | Bloomberg | Getty Images
Top 10 Things to Watch Friday, Nov. 29
1. US stock futures were on the last trading day of November, as 10-year Treasuries returned to their lowest level since Oct. 30 in 2 years hit its lowest level since Nov. 8. Wall Street is moving forward for one. winning weeks and months. As a reminder, the market closes at 1pm ET.
2. Bloomberg reported that the Biden administration is considering additional semiconductor equipment and anti-AI exports to China. Explosive stocks are high, however, because the restrictions seem to be less than fear.
3. The S&P 500 Short Range Oscillator closed Wednesday at 3.94%, indicating that today’s relatively positive session could push us into over-bought territory. (Anything above plus 4% would indicate that the market is overbought; anything below minus 4% would indicate that the market is oversold.) Also, it would be and it will be a low volume shopping day, which means there is no need to throw out any big ones. continues upward.