Jim Cramer's top 10 things to watch in the stock market Monday

Published Mon, Apr 29 20249:37 AM EDT

My top 10 things to watch Monday, April 29 U.S. stocks are higher Monday after the S & P 500 and Nasdaq broke multiweek losing streaks. The Dow saw back-to-back weekly wins. In my Sunday column , I looked at five sectors working in the market and the standout stocks in each. It's a huge week of earnings with 12 stocks in the Investing Club portfolio reporting, including Amazon after the bell Tuesday and Apple after Thursday's close. One-third of the S & P 500 companies report this week. Apple gets an update from Bernstein and rises more than 2.5%. There's also a two-day Federal Reserve meeting, starting Tuesday. It'll be after Wednesday's Fed decision. But the key economic number of the week comes Friday when the government issues its monthly employment report. April nonfarm payroll growth of 250,000 jobs is expected. Ahead of earnings, Amazon says more packages are arriving in a day or less to customers after big investment in speedy fulfillment. Cost-cutting, cloud demand and faster deliveries have driven profits higher in recent quarters. There's speculation that Amazon might declare a dividend. If the e-commerce and cloud giant were to start a quarterly payout, it would join Alphabet, which declared its first-ever dividend last week, and fellow Club name Meta Platforms , which did it earlier this year. Tesla shares jump more than 13% after the EV maker passed a significant regulatory hurdle to rolling out its driver-assistance software, which it calls full self-driving (FSD), in China. CEO Elon Musk made a surprise trip to China over the weekend, raising hopes that FSD software would be cleared countrywide there. American Airlines is cutting some lines because of Boeing 's delivery delays. Dreamliners and 737 Max are arriving late due to supply chain and safety issues. Wells Fargo and Jefferies raise their GE Aerospace price targets and keep their buy ratings after last week's strong quarter. GE power spin-off GE Vernova catches a price target hike at Bank of America, which kept its neutral rating. BofA analysts like what they saw on quarterly margins and book-to-bill. The Club owns the other GE spin-off, GE Healthcare . GEHC reports earnings before the bell Tuesday. We'll be focusing on the medical technology firm's orders and backlog as well as margins. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer's Charitable Trust.) 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. 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.

My top 10 things to watch Monday, April 29

U.S. stocks are higher Monday after the S&P 500 and Nasdaq broke multiweek losing streaks. The Dow saw back-to-back weekly wins. In my Sunday column, I looked at five sectors working in the market and the standout stocks in each.
It's a huge week of earnings with 12 stocks in the Investing Club portfolio reporting, including Amazon after the bell Tuesday and Apple after Thursday's close. One-third of the S&P 500 companies report this week. Apple gets an update from Bernstein and rises more than 2.5%. There's also a two-day Federal Reserve meeting, starting Tuesday.
It'll be after Wednesday's Fed decision. But the key economic number of the week comes Friday when the government issues its monthly employment report. April nonfarm payroll growth of 250,000 jobs is expected.
Ahead of earnings, Amazon says more packages are arriving in a day or less to customers after big investment in speedy fulfillment. Cost-cutting, cloud demand and faster deliveries have driven profits higher in recent quarters.
There's speculation that Amazon might declare a dividend. If the e-commerce and cloud giant were to start a quarterly payout, it would join Alphabet, which declared its first-ever dividend last week, and fellow Club name Meta Platforms, which did it earlier this year.
Tesla shares jump more than 13% after the EV maker passed a significant regulatory hurdle to rolling out its driver-assistance software, which it calls full self-driving (FSD), in China. CEO Elon Musk made a surprise trip to China over the weekend, raising hopes that FSD software would be cleared countrywide there.
American Airlines is cutting some lines because of Boeing's delivery delays. Dreamliners and 737 Max are arriving late due to supply chain and safety issues.
Wells Fargo and Jefferies raise their GE Aerospace price targets and keep their buy ratings after last week's strong quarter.
GE power spin-off GE Vernova catches a price target hike at Bank of America, which kept its neutral rating. BofA analysts like what they saw on quarterly margins and book-to-bill.
The Club owns the other GE spin-off, GE Healthcare. GEHC reports earnings before the bell Tuesday. We'll be focusing on the medical technology firm's orders and backlog as well as margins.

Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free

(See here for a full list of the stocks at Jim Cramer's Charitable Trust.)

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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.

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.