Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here’s today’s edition. Market moves: The market is up thanks to higher rates but is still in a wait and see mode ahead of a jam-packed rest of the week. Earnings from five of the Significant Six and many others, a Fed meeting, and the January jobs report will dominate the market action and discussion over the next few days. It will be a major test to the market rally, which has pushed the S & P 500 to a record high. Top movers: Some of the portfolio’s top movers Monday were Estee Lauder . It’s working on a few solid days in a row, starting after LVMH reported positive earnings. Meta is trading higher after Jefferies raised its price target to $455 from $425, saying its recent digital ad checks “have been the most positive we’ve seen in several years.” The company gave a somewhat conservative guide last quarter, citing a pause in activity due to the onset of the war in the Middle East. Disney is up too. It has been off to a nice start of the year and has acted better since Peltz relaunched his proxy battle. Abbott is having a nice day, up about 1% and the gains picked up in the afternoon. We initiated a position in ABT earlier Monday morning. Bottom movers: On the downside, shares of Coterra are pointing lower after oil and natural gas is down today. DuPont , Morgan Stanley , and Wynn are also down. Constellation Brands is down slightly today in sympathy with a downgrade of wine & spirits business Brown Forman . Earnings on deck: Global life sciences company Danaher is reporting tomorrow. They preannounced good numbers at the JPMorgan healthcare conference earlier this month. But then tempered expectations on the actual conference interview they did which lowered expectations. But then German bioprocessing company Sartorius at the end of last week offer good numbers and a bullish outlook calling for the turn which…
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