The Club’s top 5 things to watch Tuesday, Dec. 27, 2022 1. Stock futures looked solid Tuesday morning, though were higher earlier, with the “Mighty Dow ” continuing its reign over the tech-heavy Nasdaq Composite . West Texas Intermediate crude oil is up at a 3-week high, the U.S. dollar is down slightly and Treasury yields are up a few ticks. 2. The end of zero-Covid? China on Monday further rolled back Covid-19 restrictions , saying international travelers will no longer need to quarantine upon arrival in the mainland from Jan. 8. The news should provide a boost to a range of industries with exposure to China including aerospace, cosmetics and casinos — and Club holdings Honeywell (HON), Wynn Resorts (WYNN) and Estee Lauder (EL) stand to benefit. 3. Tesla (TSLA) shares are down on a Reuters report that the electric vehicle manufacturer will continue to run reduced output at its Shanghai plant through next month. The stock declines of Tesla, Meta Platforms (META), Nvidia (NVDA), Amazon (AMZN), Alphabet (GOOGL), Microsoft (MSFT), and Apple (APPL) from their peaks have been spectacular, with the tech giants losing a combined $5.4 trillion in value as of last week. 4. Shares of Southwest Airlines (LUV) are down in pre-market trading after winter storms across the country forced the airline to cancel thousands of flights. CEO Bob Jordan told The Wall Street Journal Monday that the airline is operating slightly above one-third of its typical schedule and disruptions will continue for a few more days. 5. U.S. retail sales, excluding automotive, increased 7.6% year-over-year this holiday season, according to Mastercard Spending Pulse , which tracked the period between Nov. 1 and Dec. 24. Restaurants showed the largest annual gain, while electronics and jewelry sales fell year-over-year, the report showed. It’s an early indication that the shift in consumer spending from goods to services should continue into the new year. E-Commerce made up 21.6% of total retail sales, an increase from 20.9% last year. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.</…….
