My top 10 things to watch Thursday, May 30 1. The Dow early Thursday was leading the way lower as it has done in recent sessions. Dow stock and Club name Salesforce's post-earnings plunge was accounting for the bulk of the 300-point drop in the premarket. The Dow, S & P 500 and Nasdaq were all looking at back-to-back losses if the morning trading holds at the close. Club name Costco reports earnings after the bell. 2.
I'll be talking about Costco, Salesforce, Best Buy and Foot locker as well as the 29 other stocks in the Investing Club's portfolio at our May Monthly Meeting at noon ET.sank more than 20% after the department store chain reported a per-share quarterly loss of 24 cents when a 4-cent profit had been expected. Revenue also missed. Kohl's also cut its forward outlook.disaster: Shares plummeted more than 30% early Thursday after CEO Rob Enslin resigned effective June 1.
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 trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade..