From CNBC: 2025-05-02 14:32:00

The U.S. stock market had a strong week, with the S & P 500 up 1.6% on Friday, heading for its ninth consecutive day of gains, the longest streak since 2004. Positive labor data boosted investor sentiment, with April nonfarm payrolls beating expectations. Big Tech earnings were mixed, with Apple down 4% and Amazon slightly up.

Amazon founder Jeff Bezos filed to sell up to 25 million shares, valued at almost $5 billion. Despite this, Amazon’s stock performed well. Club top performers included Microsoft, Meta Platforms, and Honeywell, while laggards were Eli Lilly, Apple, and Amazon. Quarterly earnings reports continue next week, with companies like Ford, Disney, and Texas Roadhouse.

Market watchers await the ISM Services PMI on Monday and the May FOMC meeting announcement on Wednesday. Club members receive trade alerts before Jim Cramer makes a trade, with specific waiting periods in place. No fiduciary obligation exists from the information provided. Stock prices and outcomes are not guaranteed.



Read more at CNBC:: Here are our biggest winners and laggards