Why Jim Cramer's Watching the Markets, Tesla and Dave & Busters
Here's what Jim Cramer's watching in the markets Wednesday morning.
The Market Recharge In his column late Tuesday afternoon, Jim Cramer broke down why he thinks that the market rally wasn't sustainable: "But the endless rally needs fuel, and without it you end up with what you got Tuesday, a soggy session that reminds you stocks can go down, too," wrote Cramer.
Can Tesla Be Profitable?
At a shareholders meeting late Tuesday, Real Money Stock of the Day Tesla CEO Elon Musk discussed profitability.
Musk said, "profitability is always challenging when you're a fast-growing company." Dave & Buster's Earnings Dave & Busters posted earnings after the bell Tuesday night.
The company posted sales and profits that missed analyst expectations and promptly fell in after-hours trading.
Dave & Buster's, in its earnings call, said, "While new store performance remained strong, comparable store sales were below expectation as this year's Easter calendar shift proved challenging..." Related.
Jim Cramer: Soggy Session Reminds Us That Market Needs a Recharge Wondering how to spot a selloff before it's too late?
Jim Cramer will be revealing some his best tips during TODAY's Action Alerts PLUS investing call at 11:30 ET.
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