what i am looking at wednesday sept 14 2022 bonds crushing us wont stop wont stop after hotter august consumer price index tuesday one day later august producer price index largely as expected  still no relief on wednesday us stock futures give up much of their earlier gains as the 2year treasury yield remains above 38 highs back to 2007 stocks were slammed tuesday if the 2year gets to 4 then we will get relief next week if the federal reserve goes for a 75 or 100basispoint interest rate hike but it has to go there first rates allow places like bernstein research to crow that the bear isnt dead more to go i say as long as the 2year is poorly behaved the competition will have a hard time bucking it club holding johnson  johnson jnj announces a 5 billion buyback and affirms adjusted operational eps of 1070 or 92 growth for the full year why did j  j announce a buyback now ahead of its split its going to separate into a consumer products company and a pharma company club holding starbucks sbux raises guidance significantly high singledigit earnings per share and doubledigit revenues holding the line on inflation opening a new location every nine hours in china which is doing great right now outgoing interim ceo howard schultz told me tuesday that china will overtake us as starbucks biggest market by 2025 cowen says hershey s hsy started with a market perform hold trading it has been a rocket ship i think it can go further but it is up 15 year to date as of tuesday closed cowen more constructive on mondelez mdlz which they start with an outperform buy rating relatively low private label presence club holding costco s cost kirkland doing well by the way but so are branded costco ceo craig jelinek told me tuesday inflation should turn around in another six months to a year club holding apple aapl back on its ramp iphone 14 orders very strong alphabet s googl google will pay more than 4 billion fine android lost appeal in european union court perilous chart for this club holding or 19x paypal pypl changes forecast to the positive at the goldman conference a year ago the spiral started down in part because of a hangover from the ebay ebay separation – and in part because postcovid seems like the hangover is now over raymond james goes market perform buy rating evercore goes to sell from hold block sq cuts price target to 55 per share from 120 the company formerly named square an ebay competitor drops 5 in the premarket to around 66 per share fair to ask what happened to the big bitcoin strategy is microstrategy s mstr buy of 500 million bitcoin part of a concerted effort to keep the balls in the air to be the best equity pureplay bank of america likes elf beauty elf but takes clorox clx and church  dwight chd to sell berenberg downgrades bristolmeyers bmy to hold from buy says it has price risk on key drug eliquis starting one year from now dont sweat the program rails which have taken an endless earningsbeating and unionbeating have not come down will it change wednesday with bernsteins downgrade of both csx csx and union pacific unp macro crosswinds and labor inflation rails aiming for a crop shipment stoppage thursday which should put them on collision path with the union president bofa takes fintech sofi sofi to buy from neutral hold this has been an unmitigated disaster jpmorgan talking up the adtier at netflix nflx and how it could reignite interest in the stock theres a new urgency about the cash flow and reacceleration of subs analysts there keep neutral hold rating on nflx berenberg takes notsohot novartis nvs to hold from buy general electric ge not enough talk about how board has been selected for health care jim cramers charitable trust is long jnj sbux aapl cost and googl see here for a full list of the stocks 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 trusts portfolio if jim has talked about a stock on cnbc tv he waits 72 hours after issuing the trade alert 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 obligation or duty exists or is created by virtue of your receipt of any information provided in connection with the investing club no specific outcome or profit is guaranteed what i am looking at wednesday sept 14 2022