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☆ Get ready for a deluge of data next week that will shape the Fed's next moves
▼ + stars: | 2023-01-21 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the portfolio, we'll get the latest earnings from Danaher (DHR), Halliburton (HAL), and Johnson & Johnson (JNJ) on Tuesday before the opening bell. While the results will be important as always, we are most interested in the earnings call with analysts and investors. Housing Starts fell 1.4% in December to a seasonally adjusted annual rate of 1.38 million, slightly above the 1.36 million expected. Building permits dropped 1.6% in December to a seasonally adjusted annual rate of 1.33 million, below expectations of 1.37 million. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Earnings could keep the market on edge in week ahead as investors wait for Fed
▼ + stars: | 2023-01-20 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

I do think that will happen even more in the week ahead as the Fed is in a blackout period. S & P Global PMI data is released for both services and manufacturing Tuesday. "The market continues to think the Fed does not have to administer as much medicine as the Fed tells us they plan to. Earnings, earnings, earnings Stocks were lower in the past week, with the S & P 500 off by 1.8%. "It's a mild earnings recession, but it's an earnings recession.

☆ Jefferies says disinflation will be the big driver of 2023 — 20 stocks to play the trend
▼ + stars: | 2023-01-20 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Disinflation — not inflation — will be a key driving force in the economy this year, according to Jefferies. Therefore, investors can find winners this year by looking at the stocks with a positive correlation to inflation cooling down. Jefferies looked at changes in inflation expectations and which equities had the highest correlation to those changes. So Jefferies reasons that these stocks will have the most to gain this year as disinflation takes over. Jefferies gave clients a list of names it believes are quality stocks trading at reasonable prices.

☆ Procter & Gamble Is No Bargain
▼ + stars: | 2023-01-19 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

Procter & Gamble posted underwhelming results on Thursday that, while far from disastrous, provide no reason for optimism on its stock. The maker of Oral B toothbrushes and Bounty paper towels said sales in its second quarter ended in December fell 1% from a year earlier. On an organic basis, stripping out currency fluctuations, sales were up 5%. But that obscures some underlying weakness: Volumes fell across all of its categories, meaning the top line was salvaged through price increases.

☆ P&G Earnings Slip as Higher Prices Sap Sales Volumes
▼ + stars: | 2023-01-19 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

After lifting prices to new heights, Procter & Gamble Co. reported lower quarterly profit and declining sales volumes as the rising costs of Tide detergent and other staples prompted consumers to cut back on purchases at the end of 2022. Sales volumes fell 6% at P&G —the biggest quarterly drop in years—with declines at each of the company’s five major business units in the three months ended Dec. 31 compared with a year earlier. P&G increased prices by 10% in the period, helping the company report a 5% boost in organic sales, which exclude currency swings and acquisitions.

☆ Here's our January rapid-fire update on all 34 stocks in Cramer’s Charitable trust portfolio
▼ + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. As much as we'd like to maintain a bigger position in this roughly $472 stock, we're refraining from violating our cost basis of $291.52. ( See here for a full list of the stocks in Jim Cramer's Charitable Trust portfolio.) 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.

☆ P&G CEO's upbeat take on the economy makes the consumer staples giant even more attractive in 2023
▼ + stars: | 2023-01-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Shares of Procter & Gamble were trading down 0.6% midday Thursday, at $144.63 apiece. Bottom line Moeller offered a welcomed upbeat take on the economy and P & G's potential for growth in 2023. P & G remains a stock we prefer amid economic uncertainty, as its consumer products are essential in any economic environment. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. In this photo illustration a Procter and Gamble logo seen displayed on a smartphone with stock market percentages in the background.

The Labor Department's report showed a surprise fall in U.S. weekly jobless claims, highlighting labor market resilience in a higher interest rate environment. "There's virtually no signs of any weakness in the labor market and that's one of the things the Fed's been leaning against to keep rates higher for longer." The S&P 500 (.SPX) and the Dow Jones Industrial Average (.DJI) are now headed for their third straight day of declines. Shares of both the companies fell around 2%, and were among the top drags to the benchmark S&P 500 and Nasdaq (.IXIC) indexes. Industrial (.SPLRCI) and consumer discretionary stocks (.SPLRCD) were among the leading decliners on the S&P 500, down 1.5% and 1.7%, respectively.

☆ Futures fall as weak data fuel recession worries, Fed comments on tap
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Futures down: Dow 0.52%, S&P 0.54%, Nasdaq 0.61%Jan 19 (Reuters) - U.S. stock index futures fell on Thursday after weak economic data fueled recession worries, while investors await comments from more Federal Reserve officials for clues on the central bank's path of monetary tightening. "For once bad news really was bad news because of the implications it might have for interest rates. Weak retail sales suggested consumers' resilience may have been pushed beyond breaking point," said Russ Mould, investment director at AJ Bell. Analysts now expect year-over-year earnings from S&P 500 companies to decline 2.6% for the quarter, according to Refinitiv data, compared with a 1.6% decline in the beginning of the year. ET, Dow e-minis were down 173 points, or 0.52%, S&P 500 e-minis were down 21.25 points, or 0.54%, and Nasdaq 100 e-minis were down 69.5 points, or 0.61%.

☆ Stocks making the biggest moves before the bell: Roblox, Discover, Chegg and more
▼ + stars: | 2023-01-19 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Roblox — Roblox shares fell 6.7% after Morgan Stanley downgraded the gaming company to underweight from equal weight and said the upside is limited following the stock's recent outperformance. Philip Morris — Shares of the tobacco company rose more than 1% after Jefferies upgraded the stock to buy from hold and raised its price target. Apple — Shares slid 1.2% after JPMorgan cut its price target on Apple and said the technology company had a tough setup going into earnings from supply headwinds. Boot Barn — UBS raised its price target on the stock ahead of the company's quarterly earnings report. The stock slid 0.6% despite the target increase, however.

☆ P&G raises sales forecast on price hikes, sees volumes fall
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +3 min

Jan 19 (Reuters) - Tide detergent maker Procter & Gamble Co (PG.N) raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits. While the price hikes have been met with less pushback compared to discretionary products, customers have still bought fewer of its products. P&G said organic sales in China, its second largest market, were down 7% due to COVID lockdowns and weaker consumer confidence. P&G said net sales fell 1% to $20.77 billion in the quarter, hurt by the impact of a stronger dollar on overseas revenue but beating Wall Street expectations. It's the first fall in quarterly net sales in a little over five years, according to Refinitiv data.

☆ Autism, ADHD, and other neuro types can be an asset in the workplace — and companies are finally doing the work to recruit and retain neurodivergent staff
▼ + stars: | 2023-01-19 | by ( Korie Wilkins | ) www.businessinsider.com time to read: +8 min

Some companies, such as P&G, have introduced programs to recruit and retain neurodivergent candidates. Lakes' experience is not uncommon among neurodivergent individuals, which is a term that represents people with neurological types like autism, dyslexia, or ADHD. Workplace culture is beginning to shiftThere's some change on the horizon. "Right now, organizations are doing the groundwork," Lyric Rivera, who identifies as neurodivergent, told Insider. Company culture can support neurodivergent employeesWhile many companies offer programs to support existing neurodivergent employees, advocates like Rivera say the next step is to get more neurodivergent candidates in the door.

☆ Procter & Gamble revenue and profit fall as company looks to higher prices to offset declining sales
▼ + stars: | 2023-01-19 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Procter & Gamble reported year-over-year declines in revenue and profit on Thursday, as higher prices struggled to offset declining sales volumes. All of the company's divisions reported declining sales volume in the quarter, despite seeing increases in organic sales as a result of higher pricing. P&G executives noted in a call with media that consumer demand is responsible for at least half the 6% sales volume decrease. But it warned those headwinds would continue to squeeze P&G's gross margins, which saw a 160-basis-point decrease during the second quarter versus a year ago. P&G is doubling down on its price hiking strategy even as shrinking consumer demand continues to erode sales volume.

☆ P&G's uneventful quarter and guidance overshadows compelling execution in a tough environment
▼ + stars: | 2023-01-19 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Club holding Procter & Gamble (PG) reported fiscal second-quarter results largely in line with expectations before the opening bell Wednesday. During the December quarter, management returned roughly $4.2 billion to investors via $2 billion share repurchases and another $2.2 billion via dividends. Guidance Management raised their fiscal year 2023 sales guidance, now expecting sales to be in a range of down 1% to in-line. On the bottom line, management reaffirmed EPS guidance to be in line to up 4% versus fiscal 2022 earnings of $5.81 per share, better than the 0.3% growth the Street has been modeling. We made a table (see above) of the reported numbers versus estimates and how each line item compares to the year-ago quarter and the prior fiscal quarter.

☆ Weak economic data is starting to threaten the market's hopes for a soft landing
▼ + stars: | 2023-01-19 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

Weak economic data is threatening the soft landing thesis. Is the soft landing narrative really changing, or was Wednesday's retail sales and industrial production reports — both well below expectations — an outlier event? Bears are seizing on this to assert that the Federal Reserve has already done so much that they have made a soft landing less likely. The problem: organic sales growth of 5% was entirely achieved by a 10% boost in prices during the quarter. Procter & Gamble (ex-currency) Organic sales: up 5% Price: up 10% Volume: down 6% The recipe for margin pressure is the consumer pushing back against price increases.

☆ Jim Cramer's top 10 things to watch in the market Thursday: Sell-off Day 2, P&G outlook raise
▼ + stars: | 2023-01-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club holding Procter & Gamble (PG): earnings-per-share in fiscal second quarter of 2023 of $1.59 matches estimates; revenue of $20.77 billion slightly beats. Club holding Apple (AAPL) has been holding in at roughly 22x forward earnings estimates compared to the S & P 500's 17.5x multiple. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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.

☆ Morning bid: No safety net?
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +4 min

"I just think we need to keep going," Cleveland Fed President Loretta Mester said. And many forecasters are now wary the Fed will err on the side of tighter policy to ensure inflation is slayed. Markets wobbled on the prospect on Wednesday, with the S&P500 (.SPX) staging its biggest decline of the year so far. At 3.32%, 10-year U.S. Treasury yields fell to their lowest since September. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Disney could use an activist investor like Nelson Peltz to help get its financial house in order
▼ + stars: | 2023-01-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

An activist investor like Trian Partners' Nelson Peltz on Walt Disney 's (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed changes to create long-term value for the company and its shareholders. "Lots of angry people ask me why I support Nelson Peltz for the Disney board, and I give a simple answer: What has this board done for its shareholders other than wipe out more shareholder money?" Nonetheless, Disney's board unanimously decided against offering Peltz a seat, according to an SEC filing the company submitted Tuesday. Peltz, whose next step in his fight is to convince voting Disney shareholders he deserves a board seat, has had success serving on several company boards. Wall Street has had a mixed reaction to Peltz's efforts to obtain a board seat.

☆ Ulta Beauty Hires New Marketing Chief
▼ + stars: | 2023-01-18 | by ( Megan Graham | ) www.wsj.com time to read: +3 min

Beauty retailer Ulta Beauty Inc. has tapped Michelle Crossan-Matos, a former Samsung Electronics America marketing leader, as its new chief marketing officer. The chief marketing officer role was previously held by Shelley Haus, who died of cancer last June. Most recently, Ms. Crossan-Matos was chief marketing, citizenship and communications officer at Samsung Electronics America. “I think beauty care is probably going to be one of the most resilient categories, and then I think Ulta Beauty will be even more resilient, just because of the portfolio that Ulta Beauty has and the type of guests that come in—they tend to be much more resilient,” Ms. Crossan-Matos said. Ulta will stay focused on social media, video, beauty tutorials and experience-based marketing in the year ahead, said Ms. Crossan-Matos.

☆ Stock futures are flat as investors look ahead to economic data, Federal Reserve speeches
▼ + stars: | 2023-01-18 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Stock futures were flat Wednesday night as investors awaited economic data and speeches from Federal Reserve leadersFutures tied to the Dow Jones Industrial Average fell 9 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures ticked up 0.03% and 0.05%, respectively. Bank stocks such as JPMorgan, Bank of America and Wells Fargo slid, weighing on the broader market. "The data continue to confirm sharp declines in inflation," said Jamie Cox, managing partner of Harris Financial Group. On Thursday, investors will weigh more economic data that could give further clues as how much the Fed may raise interest rates in its upcoming meeting.

☆ Jim Cramer's Investing Club meeting Wednesday: Stick with P&G, Morgan Stanley, Microsoft layoffs
▼ + stars: | 2023-01-18 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stick with PG, CAT Stand by Morgan Stanley Microsoft's layoffs aren't enough 1. Stick with PG, CAT Jim Cramer on Wednesday urged investors to continue being selective when building out their portfolios, despite the market's recent gains. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Disney slams Peltz for lack of media experience, but its board is light on it, too
▼ + stars: | 2023-01-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Disney directors unanimously rejected activist investor Nelson Peltz's request to join the board this month, in large part due to his lack of media industry expertise. That would be a stronger argument if Disney's current board members had ample media and entertainment experience when they joined. Peltz's strongest claim for a board seat is probably ensuring that succession planning finally happens in an organized and coherent way – which doesn't appear to be the primary argument he's making. According to a company filing Tuesday, Disney decided not to offer Peltz a board seat because he didn't suggest any specific strategic ideas and had minimal industry experience. But Disney's board is filled with directors whose prior experience have little to do with streaming services, legacy pay TV, theme parks or films.

☆ Morgan Stanley upgrades consumer goods maker Church & Dwight, says now is a good time to buy
▼ + stars: | 2023-01-17 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Now's the time to snap up shares of Church & Dwight as the consumer goods maker is set to gain after a dismal 2022, according to Morgan Stanley. The firm on Monday upgraded the stock to overweight from equal weight and boosted its price target to $91 from $82. But, the firm expects a "sharp fundamental turn in 2023 to above-consensus organic sales and GM results," Mohsenian wrote. Morgan Stanley now expects robust second-half organic sales growth of 6.4%, solidly outperforming 2022 and moving ahead of its peers. Morgan Stanley is lowering its earnings per share estimates to be more in-line with consensus, but wouldn't be surprised to see upside in the second half of the year.

☆ Earnings playbook: Netflix and Goldman Sachs headline another big week of reports
▼ + stars: | 2023-01-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +7 min

Tuesday Goldman Sachs is set to report earnings before the bell followed by a conference call between management and analysts at 9:30 a.m. Last quarter: Goldman reported earnings and revenue that beat analyst expectations, thanks to strong bond trading revenues . What history shows: Goldman earnings have beaten expectations 87% of the time, according to Bespoke. The fourth quarter earnings report out Thursday should see around 4.5 million subscribers, according to data from FactSet. What history shows: FactSet data shows Netflix has beaten earnings expectation for the last five quarters.

☆ Investing Club: The week in review, the week ahead — Jan. 14, 2023
▼ + stars: | 2023-01-14 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Also, earnings season is just kicking off, when we'll learn much more about what companies are seeing on the ground. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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. People shop at the Pioneer Supermarkets on January 12, 2023 in the Flatbush neighborhood of Brooklyn borough in New York City.

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