Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday ‘s key moments. 1. Stocks rose Friday with the Dow Jones Industrial Average hitting a fresh record high despite the U.S. government shutdown, which delayed today’s release of the important monthly jobs report. “What’s happening is that we didn’t have the labor report, so a lot of people are trading blind,” Jim Cramer said. Jeff Marks, director of portfolio analysis, added that the broad-based S & P 500 has been in the green every day this week, proof that the market is ignoring the DC drama. “It’s not as big a risk as people think it is,” Marks said. 2. Boeing shares are higher on Friday, even as Bloomberg reported late last night that the company’s 777X model is expected to fly commercially in 2027 instead of 2026. According to Bloomberg, the setback could lead to billions of dollars in accounting charges. “Don’t take any action on this. It’s not an actionable call,” Jim said, noting that the news isn’t a surprise. Boeing CEO Kelly Ortberg said last month at a conference that the program was behind schedule. The jet maker reports earnings at the end of the month. 3. Nike , the Club’s newest stock, was upgraded to a buy-equivalent rating at Keybanc Wednesday, following a better-than-expected earnings report Tuesday. Analysts said that there is “increasing evidence of a turnaround materializing.” But its business in China is “awful,” said Jim. Nike CEO Elliott Hill plans to speak with CNBC’s Sara Eisen on Monday. “If he can say anything about coming back in China, the stock will shoot up,” Jim said. Otherwise, “it will be a non-event.” 4. Stocks covered in Friday’s rapid fire at the end of the video were: PayPal, Johnson and Johnson, and Applied Materials . (Jim Cramer’s Charitable Trust is long BA, NKE. See here for a full list of the stocks.) 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.
