Stocks soared to record highs this week amid speculation on the Fed’s interest rate decision. The S & P 500 and Nasdaq reached new peaks, fueled by Oracle’s blowout earnings report. Economic data showed a mixed picture, with PPI falling more than expected, but CPI rising. Jobless claims hit a four-year high, signaling potential economic weakness. The Club capitalized on market moves with trades in Boeing, Goldman Sachs, Texas Roadhouse, Honeywell, Wells Fargo, and GE Vernova. Wells Fargo CFO highlighted share repurchases, while GE Vernova CEO expressed concern over onshore wind orders. Apple unveiled its updated iPhone 17 lineup, but some investors found the upgrades evolutionary rather than revolutionary. Club members received timely trade alerts from Jim Cramer before making any trades.
Read more at CNBC: How we navigated the strong market ahead of the big Fed meeting
