CNBC Investing Club: Cramer’s Morning Take on Home Depot 4/17/26
Squawk on the Street
CNBC
4.0 • 566 Ratings
🗓️ 17 April 2026
⏱️ 3 minutes
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| 0:00.0 | Jim Kramer here to share a short preview of my take on the market from today's |
| 0:06.4 | members-only CNBC Investing Club morning meeting. |
| 0:09.0 | Join the club for full access to the morning meeting every day at 1020 a.m. |
| 0:14.7 | Visit CNBC.com slash morning take to sign up today. |
| 0:19.8 | That's one word, morning take. sign up today. That's one word morning tape. |
| 0:23.5 | Oil down 11 bucks, 84, lowest level since March 11th? I don't know why I remember. |
| 0:31.6 | The blockade continues, though, according to the president. Well, I thought the straight can be, |
| 0:35.8 | you can get through it. Yeah. I do want to point out that it's not going to stop at 80 if it's over. The world. |
| 0:43.2 | Back to the 60s? No. It could go right to the 60s. Yeah. Right to the 60s. And why do I say that? |
| 0:50.1 | It's because everything was, you know, we were going max out in our country, and there's |
| 0:55.2 | just an additional 500,000 barrels coming from Venezuela and us. I think you're going to see a big |
| 1:01.3 | tip. But it's possible that maybe some countries replenish the strategic petroleum reserve, |
| 1:08.3 | so it may not go to 40, but it could go to the 60s. |
| 1:11.8 | Yeah, so we'll continue to watch that. You mentioned interest rates. Yes, the 10-year yield |
| 1:16.7 | down the seven basis points or so, lowest level since mid-March. It's helping housing-related |
| 1:21.7 | stocks. You have odds of a 25 basis point cut in December, starting to begin price in. |
| 1:28.2 | It wasn't too long ago. |
| 1:29.4 | People wanted to make the case for hikes. |
| 1:32.1 | Yeah, that's going away. |
| 1:33.9 | But that, you know, we had a great question yesterday on our monthly call about, |
| 1:38.1 | why do you still own Home Depot? |
| 1:40.0 | Is it for a different vacation? |
... |
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