My top 10 things to watch Tuesday, May 27 1. The S & P 500 was indicated up more than 1% today after President Donald Trump delayed 50% tariffs on the EU until July 9. The 10-year Treasury yield slipped under 4.5% on trade optimism. As I wrote in my weekly column , there are suddenly many reasons to be bullish. 2. Friday is the last trading day of the month — and despite last week’s downturn, investors did not, as the old Wall Street adage goes, “sell in May and go away.” For the month so far, the S & P 500 jumped 4.2%, and the Nasdaq soared 7.4%. 3. Republican Sen. Ron Johnson said there are enough of his GOP colleagues to oppose Trump’s House-passed “Big Beautiful Bill,” until the president gets serious about serious about reducing spending and reducing the deficit. Wall Street worries that the budget bill of tax cuts and spending priorities will balloon the deficit. 4. The biggest test for the market this week will be Nvidia earnings, which are released after Wednesday’s closing bell. The Club stock has rallied more than 50% from its 52-week intraday low of nearly $87 per share on April 7. If today’s premarket gain holds back the close, Nvidia could be in the green for the year. Club name Costco also reports earnings this week. 5. Club name Salesforce also reports earnings this week. Ahead of that, Salesforce announced today plans to buy data management company Informatica for $8 billion, its biggest deal since buying Slack in 2021. People will view this as a needless waste of money. Shares of Informatica rose nearly 6%. 6. Barclays said enough is enough after CoreWeave ‘s 150% rally; the analysts downgraded the stock to a hold-equivalent from buy. This is a short squeeze as hedge funds forgot the cardinal rule: never short something the first 30 days of an IPO. The stock is unseasoned and you don’t know which hands it has fallen into. 7. Tesla ‘s vehicle sales in Europe tumbled 49% in April, underperforming the competition yet again. I continue to believe that as long as they hang in, the discussion around Tesla will be about its robotics and robotaxi ambitions, not car sales. 8. Jefferies upgraded Southwest Airlines to a hold rating from sell after spending time with management. This idea could work, but the airline stocks have been stuck in the mud lately over the past few months. Separately, Southwest will start charging customers for checked bags starting tomorrow. 9. Piper Sandler raised its Quanta Services price target to $370 per share from $360. Quanta provides infrastructure solutions. On the big data cater buildout on the utility side, I like GE Vernova better; it’s the Club’s newest position and one we’ve been building slowly. 10. “Lilo & Stitch” won the Memorial Day weekend box office, racking up $183 million through Monday. The live-action kids movie beat out Tom Cruise’s “Mission: Impossible – The Final Reckoning,” which came in second with $77 million in ticket sales over the long the weekend. “Lilo & Stitch” was a great number for Club name Disney . 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.
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images)
I-hwa Cheng | Afp | Getty Images
My top 10 things to watch Tuesday, May 27
1. The S&P 500 was indicated up more than 1% today after President Donald Trump delayed 50% tariffs on the EU until July 9. The 10-year Treasury yield slipped under 4.5% on trade optimism. As I wrote in my weekly column, there are suddenly many reasons to be bullish.
2. Friday is the last trading day of the month — and despite last week’s downturn, investors did not, as the old Wall Street adage goes, “sell in May and go away.” For the month so far, the S&P 500 jumped 4.2%, and the Nasdaq soared 7.4%.
3. Republican Sen. Ron Johnson said there are enough of his GOP colleagues to oppose Trump’s House-passed “Big Beautiful Bill,” until the president gets serious about serious about reducing spending and reducing the deficit. Wall Street worries that the budget bill of tax cuts and spending priorities will balloon the deficit.
