Jim Cramer is keeping a close eye on 16 stocks, including Microsoft, Chevron, and Southwest Airlines.

Some tickers on my radar for Monday, October 30, as reported by my notebook:

• Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist at Morgan Stanley, believes that breadth is not a good indicator of market strength. The Federal Reserve is not likely to ease interest rates. Defensive sectors are currently performing better. There are headwinds for both corporations and individuals. The fiscal deficit is increasing with full employment. The chances of a fourth-quarter stock rally have decreased significantly.
• Nick Timiraos, The Wall Street Journal's chief economics correspondent, discusses the impact of higher bond yields on financial conditions and predicts a Fed pause on interest rates in an insightful article.
• Piper Sandler views the release of Microsoft 365 Co-Pilot as the "iPhone moment" for the software and cloud giant. The AI assistant, though small, has the potential to scale to $10 billion. Microsoft (MSFT) is a stock in the CNBC Investing Club portfolio.
• (ON) plunges more than 14%. First forecast miss.
• (WDC) to split company into hard drives and flash memory.
• Raymond James believes that AMD's estimates are overly optimistic. The company is gradually increasing production. AMD is part of our CNBC Investing Club Bullpen, a list of stocks we are monitoring.
• Can JPMorgan maintain its buy rating for NWL, a consumer products conglomerate?
• Raymond James upgraded its buy rating for aerospace and defense company LHX, while Citi and Wells Fargo raised their price targets. RBC Capital, however, cut its price target. Despite the differences, all three firms have buy-equivalent ratings.
• JPMorgan downgrades its rating on (VLY) from Buy to Hold, indicating a regional banking crisis.
• Raymond James downgraded CSCO from "buy" to "hold" due to declining campus sales, which could cause them to miss the quarter.

• Baird is holding back from buying DDOG due to optimization concerns. It's important to remember that ServiceNow did not see optimization and may now be the watchdog for AI.
• (ABBV) upgraded to buy from hold. Just valuation.
• Stifel (SNY) is requesting complete trust in the pipeline, which seems unattainable.
• CMCSA is cut to $44 per share by Barclays, who also states that the company lacks unit growth. Comcast owns CNBC.
• Citi lowers its price target for LUV from $28.50 to $25 per share. What is the reasoning behind this change?
• Bank of America upgraded CVX to buy, raising its price target to $200 per share from $190. However, Wells Fargo, TD Cowen, and UBS all cut their price targets on Chevron.
• JPMorgan has added VRTX to its analyst buy list, with a focus on moderate to severe pain management.
• The $58 price target for BMY has been lowered from $65, but the stock is still being held.