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 Wednesday’s key moments. 1. U.S. stocks were mixed in midmorning trading Wednesday, with the S & P 500 mainly flat and the Nasdaq Composite down 0.13%. More broadly, the market has been bolstered by mega cap technology stocks of late, with Club holding Microsoft (MSFT) closing at a new all-time high on Tuesday. Meanwhile, bond yields were little changed Wednesday morning, with that of the 10-year Treasury hovering around 4.5%. And oil prices fell to their lowest levels since July, as West Texas Intermediate crude fell more than 2% to trade at $75.75 a barrel. 2. Club holding Walt Disney (DIS) reports quarterly results after the closing bell Wednesday. A disappointing quarter and lack of strategic initiatives could sway investors to favor activist investor Nelson Peltz, should he choose to pursue a proxy battle . Crucially, Disney will have to show improving profitability at its direct-to-consumer unit, which houses its streaming operations. Can the company lay out synergies now that it is fully acquiring Hulu ? And does Disney have plans to pursue strategic partnerships around its linear television offerings like ESPN? That’s necessary given the weak advertising market. 3. Citi on Wednesday said it expects Club holding TJX Companies (TJX) to deliver a third-quarter beat and guidance raise when it reports on Nov. 15, citing continued momentum at its HomeGoods department store. The firm has a buy rating and price target of $103 a share on TJX stock. Expectations are certainly high since off-price retail has been a favored theme of investors – but expectations were also elevated last quarter and TJX delivered. (See here for a full list of the stocks in 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.
