Market Overview - Stocks remained relatively unchanged as bond yields increased following a strong third-quarter GDP report, which reduced expectations for future Federal Reserve interest rate cuts [1] - The market sentiment is influenced by President Trump's anticipated appointment of a new Fed chair who may advocate for lower interest rates, which historically benefits stock prices [1] Company Insights - Alphabet has been added back to the Bullpen stocks watch list, with the acknowledgment that exiting the stock in late March was a mistake; concerns regarding antitrust issues have diminished and the launch of Gemini 3 has alleviated fears about AI [1] - Nvidia's stock opened lower, but it was argued that the decline was unjustified; the company is expected to be a major player with its next-generation Vera Rubin chip platform, and past bearish sentiments against Nvidia are considered misguided [1] Additional Stocks Discussed - Other stocks mentioned in the rapid-fire segment include Prologis, ServiceNow, Johnson & Johnson, Reddit, and Tyson Foods [1]
Why we put Alphabet back in the Bullpen — plus, Cramer's case for Nvidia in 2026