Rallies From Stocks To Oil, The Short Squeeze Effect On The Markets, COVID Vaccines & Restaurants, GameStop's Frenzy: The Videogame Twist, And The Battle Of The EV Stocks

Carl Quintanilla, Jim Cramer and David Faber discussed what's next for stocks with the major indices at record levels -- including reaction to a note out of Citi in which analysts say the short squeeze is seen lifting the S&P 500 further. They also took a closer look at oil prices at 13-month highs, and followed up on the volatility in shares of GameStop and where videogame publishers such as Take-Two Interactive and Electronic Arts fit into the picture. On the COVID front, the vaccine rollout continues as New York Governor Cuomo announces New York City restaurants can resume indoor dining on Friday. Also in focus: General Motors extending production cuts because of a chip shortage, plus SPAC deals and what CEOs of electric vehicle makers are saying about the future for their industry. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.