On Thursday the markets were higher as investors await $34 billion in new U.S. tariffs on China goods and the expected response from the Chinese.
In June the private sector in the U.S. added 177,000 jobs, according to the ADP National Employment Report, lower than economists' forecasts.
Jim Cramer: Don't Buy Into These Contortions of Negativity
"The contortions of negativity are painful and they are everywhere. It doesn't matter if you are on a first-class blow-out call like that of McCormick & Company (MKC) , the spice company, or the shockingly strong report by furniture maker Herman Miller Inc (MLHR) , or the colossal surprise by KB Home (KBH) , the questions are the same: When is it going to end, when are things going to rollover, when is it all going to come to a screeching horrendous halt," observes TheStreet's Jim Cramer.
Dumpster Diving for GE? Not Yet
"I am less inclined to jump into a larger name that is in distress. There's an inclination to judge value by a large price decline in these situations, yet markets, I believe are simply more efficient with the large, household names," writes Real Money columnist Jonathan Heller.
"The granddaddy of them all now has to be General Electric (GE) , which was recently dumped from the DJIA, after a 111 consecutive year run as a member. The stock has been cut in half over the past year, and the dividend itself was halved last September. GE now yields what may appear to be a compelling 3.6%; but I would not be surprised if there's another dividend cut on the horizon, and if you believe that's a possibility, the current yield is meaningless."
The Return of Dell and How I'm Playing It
"Now, after a five-year absence, Dell is returning to the public markets. This new version of Dell is very different from the old Dell, and that's a good thing," says Real Money Pro columnist Ed Ponsi.
"The move to go public involves a tracking stock Dell created to mirror its controlling stake in software maker VMware (VMW) . The tracking stock, Dell Tech Inc. Class V (DVMT) , will be bought out and replaced by Dell Technologies Class C common stock.
"Dell has changed since the last time it was publicly traded. Once mostly known for personal computers and servers, Dell is now a diversified tech company."
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