Each weekday the CNBC Investing Membership with Jim Cramer holds a “Morning Assembly” livestream at 10:20 a.m. ET. This is a recap of Friday’s key moments. 1. The inventory market is within the inexperienced Friday, capping off per week of recent document highs for the S & P 500 on a constructive notice. The market’s beneficial properties come on the heels of strong earnings and constructive commerce information developments. Traders will maintain an in depth eye out for extra commerce information forward of the Trump administration’s Aug. 1 deadline for increased tariffs kicking in. President Donald Trump advised reporters Friday morning that the U.S. has the “confines of a deal” with China forward of subsequent week’s assembly between the 2 international locations in Stockholm. Additionally on subsequent week’s agenda is a Federal Reserve fee resolution Wednesday, although the central financial institution is predicted to maintain coverage regular. Nonetheless, the Fed might set themselves as much as decrease charges later this yr. The July jobs report additionally comes out subsequent Friday. 2. Each Dover and Honeywell are down once more Friday regardless of reporting strong earnings Thursday. “We’re pissed off by this,” stated Jeff Marks, director of portfolio evaluation for the Membership. Dover beat on each prime and backside line whereas elevating its outlook on gross sales and adjusted earnings per share for the yr. “We thought the inventory ought to have been up 4 to 5 bucks yesterday, not down 4 to 5,” Marks stated. It is a comparable story for Honeywell, which additionally reported an general first rate quarter, although not good with transitory headwinds in aerospace. “I assumed it’d get extra credit score. It did not,” stated Marks. The Membership likes how each firms have been progressing and may pull the set off to purchase extra of Honeywell and, maybe, further shares of Dover on Monday. “We’ll see,” Marks stated. 3. Wanting forward, buyers are strolling right into a busy week for earnings, with round 150 S & P 500 firms set to report, together with 4 of the “Magnificent Seven.” Portfolio identify Starbucks is first in line Tuesday night. We’re “specializing in what Brian Niccol has to say concerning the shops [where] he is been ready implement a few of his modifications,” Marks stated. Microsoft and Meta report Wednesday after market shut. Thursday is one other large day with Bristol Myers reporting earlier than the market open adopted by Apple and Amazon on Thursday after closing bell. (Jim Cramer’s Charitable Belief is lengthy AAPL, AMZN, MSFT, SBUX, META. See right here for a full listing of the shares.) As a subscriber to the CNBC Investing Membership with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If Jim has talked a couple of inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. 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.