Jim Cramer's top 10 things to watch in the stock market Tuesday
CNBC Top News ·

My top 10 things to watch Tuesday, May 19 1. Stock futures are lower this morning. Higher bond yields are presenting a challenge to stocks, something I've warned about for weeks. …
My top 10 things to watch Tuesday, May 19 1. Stock futures are lower this morning. Higher bond yields are presenting a challenge to stocks, something I've warned about for weeks. Lower rates are the oxygen for stock rallies. President Donald Trump said last night he was calling off a plan to attack Iran at the request of some regional leaders in the Middle East. 2. The problem with oil these days: It goes down less when Trump says there's a hint of peace, and it goes up much more when there's a rumor of war. All of this truce-carrot-with-no-stick leads to ever-higher prices. Without a peace deal soon, oil may climb back to the $119 levels from $108 today . And if so, could the inflation-sensitive 10-year Treasury yield get to 5.5%? It's at 4.62% this morning. 3. Club name Home Depot reported mostly in line first-quarter results this morning. Full-year guidance reiterated. Nothing good, nothing bad. The stock has been terrible because mortgage rates haven't cooperated, keeping the housing market sluggish. This one needs lower rates to move higher. Period. We will have a full analysis of the quarter after management's conference call with investors. 4. Intel CEO Lip-Bu Tan told me on "Mad Money" last night that its foundry business is gaining momentum . Tan wouldn't comment directly on reports Intel inked a manufacturing deal with Apple , but he did say its production quality has improved to the point that external customers are seriously interested. …
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