Market Needs More Fear To Bottom - Cramer's Mad Money (10/18/18) [Seeking Alpha]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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US:NYSE Investor Relations:
ir.united.com
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Source: Seeking Alpha
Summary Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday , October 18. The Dow went down on Thursday as investors realize that Fed has the power to hurt stocks. This is one of those moments where it's dawning on people that maybe all the assurances that we don't need to be afraid of the Fed are being proven to be totally bogus, said Cramer. The assurances behind the Fed's hike are lousy in his opinion - first that interest rates need to rise due to full employment; second is that rate hikes won't hurt the market as they are already baked in. Cramer said that though the employment is full, the statistics indicate that wage inflation is not out of control. Fed can raise rates 4 times if hourly wages are skyrocketing. However, many workers are losing their jobs due to bankruptcies and automation. There's no cause for the Fed to tighten four more times. This is what all this turmoil's about in the market. They're taking preemptive act
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UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/22/24 - Form 4
- 4/18/24 - Form 144
- 4/18/24 - Form 144
- UAL's page on the SEC website