Jim Cramer is out Monday morning.
Jeff Marks, senior portfolio analyst for Jim Cramer’s Action Alerts PLUS portfolio, is filling in.
Marks will be weighing in on the news that BP’s BP CEO is looking to retire, Forever 21’s bankruptcy, and the U.S.-China trade talks and, of course, Real Money Stock of the Day Tesla’s TSLA deliverables.
U.S.-China Trade Talks
We’re a little more than a week away from the U.S. and China sitting down to talk trade.
But, before we even get to the talks, there were reports on Friday that the U.S. was considering blocking Chinese companies from listing on U.S. exchanges.
A report from Bloomberg on Friday said the White House was considering limiting investment in China, reigniting trade tensions between the world’s two largest economies.
However, the U.S. is now denying those reports.
“The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time,” Treasury spokeswoman Monica Crowley said in an emailed statement to Bloomberg.
In fact, on CNBC, White House trade representative Peter Navarro called the reports “fake news.”
SUBSCRIBE |
MORE VIDEOS:
ACTION ALERTS PLUS |
RETIREMENT DAILY |
REAL MONEY PRO |
FACEBOOK |
TWITTER |
PODCASTS |
THESTREET.COM |
LINKEDIN |
INSTAGRAM |
Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio:
#JimCramer #NYSE #WallStreet
source
