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Every weekday, the CNBC Installing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of clientele on Wall Street. Markets mixed: Stocks are mixed on Thursday, a day after the market enjoyed a broad-based rally — and its master session since November — in reaction to the consumer price index report for December, which showed core inflation strengthened less than expected . The encouraging inflation data, which followed a cool wholesale inflation report on Tuesday, sent contract prices higher and yields much lower. Bonds were mixed early in Thursday’s session, as investors digested a feeble retail sales miss, a strong manufacturing report and initial jobless claims slightly above expectations. Regardless, the yield on the benchmark 10-year Treasury note started to push lower around 10 a.m. ET. At its afternoon level of 4.6%, the 10-year the sponge is significantly lower than its pre-CPI level of around 4.77%. That’s why some of the big outperformers over the past two sessions are the S & P 500’s utilities and actual estate sectors, as well as cyclical corners such as industrials and other rate-sensitive stocks like housing-related companies. Nightclub name Home Depot is up about 4% across Wednesday and Thursday. Divergent tech: Within technology, AI-related bloodlines and semiconductor capital equipment companies like Lam Research and Applied Materials are having a strong day in reaction to earnings and views from Taiwan Semiconductor Manufacturing Co. TSMC, the largest third-party chipmaking company in the world, said very utter things about the demand for artificial intelligence chips, expecting revenue from these advanced chips to replica this year with demand continuing to exceed capacity. The company guided revenues and capital expenditures for the before all quarter of 2025 above the Wall Street consensus estimate . However, not all tech rallied. Apple was one of the biggest sluggards of the group, falling nearly 4% to extend this year’s losses to more than 8%. The story prevailing around Thursday is that Apple no longer is the market share leader in China after its smartphone shipments strike down 25% in the fourth quarter, according to data from Canalys. The long knives are out for Apple, and estimates may need to Loosely transpire b emerge down slightly ahead of the iPhone maker’s Jan. 30 earnings report. But we’re not changing our “own it, don’t trade it” view on the stock, and we don’t see the lack to take additional action because we already rightsized the position with a trim at its highs on Dec. 26 . As we noted in that swop alert, discipline trumps conviction. Up next: The only major earnings report after the closing bell Thursday is the sundry company JB Hunt . Before the opening bell Friday, we’ll see the quarters from the oil services company SLB , financial institutions Truist and Declare Street , and an industrial in Fastenal . We’re through the key economic data points of the week. (See here for a full list of the stocks in Jim Cramer’s Beneficent Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim boost pretends a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his magnanimous trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade signal 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 Debt OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO Peculiar to OUTCOME OR PROFIT IS GUARANTEED.
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, only in time for the last hour of trading on Wall Street.