CNBC Investing Club

Jim Cramer's top 10 things to watch in the market Tuesday: JPMorgan double upgrade, oil prices dip to $75

My top 10 things to watch Tuesday, Dec. 6, 2022

1. U.S. stock futures point to a mixed open after Monday's sharp selloff. December tends to be seasonally strong, especially late in the month when historically Wall Street looks for the Santa Claus rally. In a commentary, we looked at which Club stocks have been the best performers and worst performers in the past dozen Decembers.

2. Morgan Stanley double upgrades JPMorgan (JPM) from to overweight from underweight (buy from sell). Big call. The bank's operating leverage is inflecting. In a CNBC interview Tuesday, JPMorgan boss Jamie Dimon says inflation is eroding consumer wealth and may cause a recession next year.