Don't trust any stock rally unless oil prices, bond yields fall, Jim Cramer warns

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Don't trust any stock rally unless oil prices, bond yields fall, Jim Cramer warns
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The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.

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. Oil, bonds weigh on stocks Watch Constellation Brands Oracle on deck 1. Higher oil prices, bond yields weigh on stocks Stocks fell Wednesday morning, with the market on track for back-to-back days of declines. The S & P 500 was down 0.68%, while the Nasdaq Composite lost roughly 0.9%.

The firm also notes Constellation's portfolio optionality, arguing it could sell its wine and spirits businesses to boost stock buybacks and its expand its multiple. Shares of Constellation Brands were trading up 0.62% Wednesday morning, at roughly $259 apiece. 3. Oracle on deck More analysts are writing positive checks ahead of Club holding Oracle 's quarterly results on Sept. 11.

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