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Mad Money w/ Jim Cramer

CNBC Fast Money Special Edition 7/12/22

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 12 July 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

While Jim is off, host Melissa Lee and a roundtable of top traders cut through today’s market noise to deliver the actionable news that matters most to investors. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome Mad Money Fans. Jim is off tonight, but we have got a special bonus hour of fast

0:05.7

money lined up for you. We're counting down to earning season and Delta's on the clock

0:09.0

for tomorrow and then it's on to the big banks. We'll set the table for the most important

0:12.8

earnings seasons before the pandemic and beyond the banks, we'll zero in on tech and

0:17.3

the fang trade can apple, Amazon, meta and the other tech titans. If you will a second

0:21.6

half rebound plus a double barrel dive into the consumer will serve up the second half

0:26.7

outlook for the restaurant socks and talk to famed executive Mickey Drexler about the

0:31.1

state of retail in the face of so many headwinds. I'm Melissa Lee. This is a special edition

0:35.3

of fast money life in the Nasak market site. Still with us on the desk Karen Feinerman,

0:39.2

Guy Domi, Tim Seymour and Steve Grasso. We will get right to it now. We've got a full slate

0:43.4

of reports coming this week from JP Morgan and City to Delta and Taiwan semi and things

0:47.6

get even more heated next week when we hear from the likes of Netflix, Tesla, J&J and

0:52.6

more. So with continued high inflation, a consistently strengthening dollar and fears

0:57.1

of alluming recession, what should investors be listening to when all these companies report?

1:02.4

A big question, Guy.

1:04.2

I think it's a guidance. It's not necessarily what this quarter was. It's what they see

1:07.9

going forward. And specifically Jamie Diamond from JP Morgan will speak. It'll be interesting

1:12.6

to see if he doubles down on the comment about hurricanes that he made a month or so ago

1:17.0

or if he backs off a little bit. So for me, it's not necessarily the quarter they're

1:21.1

reporting. It's what they're seeing going forward in terms of guidance, Mel.

1:24.4

Yeah. Karen, do you agree exactly with that? It's sort of like if you had a grade quarter,

1:28.3

it doesn't matter. The street's going to look through. If you had a crappy quarter,

...

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