Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 was trying to hold onto gains. It looked like a strong day at Friday's open as Amazon shares surged in reaction to accelerating revenue growth within its cloud computing unit. Strong revenue guidance from Apple initially boosted the market, too. The market gains cooled later Friday. Still, the S & P 500 is on pace for a weekly advance of over 0.5% and an October advance of more than 2%. Earnings: Another week down — and so far, quarterly results continue to be upbeat. About 64% of the S & P 500 have posted, and 79% of those companies have seen revenue upside, while 83% have reported earnings upside

See Full Page