What Cramer is watching Thursday No Fed reset, Qualcomm rough guide, iPhone waits


Source: cnbc.com cnbc.com

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What I am looking at Thursday, Nov. 3, 2022 The great RESET? Nope, not yet. Why did anyone think Federal Reserve Chairman Jerome Powell would say he was done hiking interest rates? At Wednesday afternoon's conclusion of the Fed's November meeting, central bankers approved a fourth straight 75-basis-point hike. Why did traders buy the 2 p.m. ET announcement? VERY premature as we saw the market reverse sharply lower into the close. U.S. stocks open lower Thursday morning. The 2-year Treasury yield jumps to nearly 4.74%, a high back to July 2007. Club holding Qualcomm (QCOM): What are you going to...