CNBC recap: how markets were handled after a decisive election

What happened

CNBC reported on Nov 7, 16:31 UTC that on Friday Jim Cramer revealed his strategy for navigating this new era at the Investing Club's 4th Annual Meeting. The report described Cramer’s remarks at the Investing Club event and framed them under the headline "Decisive election. Dramatic stock swings. How we handled the market last week."

Politics & Macro market context

As of Nov 6, 21:00 UTC, Finnhub shows the SPY ETF traded at $735.29, the UUP ETF at $29.13, the GLD ETF at $372.52 and the USO ETF at $148.41; moves are reported from the prior close, with the SPY ETF rose 0.31% from the prior close, the UUP ETF rose 0.73% from the prior close, the GLD ETF fell 0.79% from the prior close and the USO ETF rose 0.13% from the prior close.

Related coverage

Cointelegraph reported "Suspicious prediction market activity seen before election poll release: NYT," saying bets were placed shortly before two New York Times/Siena political polls were released. aol.com ran a headline on post-midterm stock scenarios titled "Stock Market Faces a Worst - Case Scenario After Midterm Elections . History Says This Will Happen Next ." livemint.com published "Diwali Fireworks ! Nifty surges over 8 % in Nov 2 - 6 week , best in 6 yrs after US Midterm Election results ; RIL soars 13 %."

• Decisive election. Dramatic stock swings. How we handled the market last week — CNBC, Nov 7, 16:31 UTC
• Suspicious prediction market activity seen before election poll release: NYT — Cointelegraph, Nov 7, 09:10 UTC
• Stock Market Faces a Worst - Case Scenario After Midterm Elections . History Says This Will Happen Next . — aol.com, Nov 7, 11:30 UTC (also reported by Yahoo)
• Diwali Fireworks ! Nifty surges over 8 % in Nov 2 - 6 week , best in 6 yrs after US Midterm Election results ; RIL soars 13 % — livemint.com, Nov 7, 09:30 UTC
• The week the midterm elections rattled Wall Street — wokv.com, Nov 7, 17:30 UTC

What to watch

The Consumer Price Index is scheduled for Tue Nov 10, 13:30 UTC; it is listed as a high-importance US macro release, according to bls. Market monitors will note the timing and published classification ahead of the print.

• Tue Nov 10, 13:30 UTC — Consumer Price Index (US) (source)

Sources and data

• CNBC (secondary source) — Decisive election. Dramatic stock swings. How we handled the market last week
• Cointelegraph (secondary source) — Suspicious prediction market activity seen before election poll release: NYT
• aol.com (secondary source) — Stock Market Faces a Worst - Case Scenario After Midterm Elections . History Says This Will Happen Next .
• livemint.com (secondary source) — Diwali Fireworks ! Nifty surges over 8 % in Nov 2 - 6 week , best in 6 yrs after US Midterm Election results ; RIL soars 13 %
• wokv.com (secondary source) — The week the midterm elections rattled Wall Street
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Bureau of Labor Statistics (primary source) — calendar
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar
• Bank of England (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar

Market data as of Nov 6, 21:00 UTC; report generated Nov 7, 18:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.