The Investing Club’s 10:20 Meeting Runs After the Open

CNBC’s Investing Club still meets at 10:20 a.m. ET on weekdays, a live take with Jim Cramer and Jeff Marks that help pages say will typically last about 10 minutes.

The huddle starts 50 minutes after the 9:30 a.m. cash open, and it has sat on the club calendar since the paid product went live on January 18, 2022. On September 10, 2026, CNBC skipped that morning slot for a noon monthly meeting, then used the same 10:20 line it has stamped on recaps for years.

The 10:20 Slot Has Been on the Calendar Since 2022

CNBC announced the launch of the CNBC Investing Club from Englewood Cliffs, N.J., on January 18, 2022. Founding members were promised every Charitable Trust trade, portfolio weightings, daily videos, and future virtual monthly meetings with Cramer, Marks, and Zev Fima.

A Morning Meeting page on CNBC’s site carries a January 21, 2022 date, three days after that launch. The club’s public line has barely moved since: members join Cramer and Marks live for news on holdings, then watch the replay if they miss it.

The CNBC Investing Club shows members how to be their own portfolio manager in real time.

Jim Cramer, CNBC Investing Club launch, January 18, 2022

Margaret de Luna, then general manager of CNBC’s direct-to-consumer business, called the paid plan a product built after a newsletter that debuted in October 2021 and became the company’s fastest-growing newsletter that year. The live 10:20 take is one piece of that machine, next to alerts, notes, and a longer monthly call.

THE CLUB’S CLOCK SINCE LAUNCH

1. October 2021: CNBC debuts the Investing Club newsletter that preceded the paid product.
2. January 18, 2022: The paid club launches, with Marks and Fima named on the team.
3. January 21, 2022: The Morning Meeting page is live on CNBC.com.
4. July 11, 2025: Cramer and Marks host the third annual meeting from the New York Stock Exchange.
5. September 10, 2026: A monthly meeting at 12 p.m. ET replaces the 10:20 huddle for the day.

Help pages updated June 13, 2025 already fixed the weekday time at 10:20 a.m. ET and warned that a monthly meeting knocks out the daily one. The weekday 10:20 a.m. meeting slot is a fixture members can plan around, except on those monthly days.

Why the Meeting Starts After the Opening Range

U.S. cash stocks open at 9:30 a.m. ET. Nasdaq says the Opening Cross occurs at 9:30, after the exchange starts sending imbalance data at 9:25 a.m. That cross turns overnight orders into official opening prices, which is why the first prints are fast and messy.

Astreka, a market-data shop, measured the first hour of the U.S. cash session in Nasdaq-100 and S&P 500 futures. The NQ sample covers 150,758,545 trade records across 400 complete sessions from December 12, 2024 through July 27, 2026. ES is a separate check: 279,030,061 records across 326 sessions through July 10, 2026.

OPENING FIVE MINUTES VERSUS 10:25

• 9:30 to 9:35, NQ: Median five-minute range of 31.1 basis points, and 4.0% of the whole regular session’s volume.
• Around 10:25, NQ: Median five-minute range of 17.8 basis points, and 1.6% of session volume.
• ES decay: Median five-minute range fell from 16.4 basis points at 9:30 to 11.5 at 10:25, with volume share from 3.4% to 1.5%.
• Clock share: The 9:30 to 10:30 hour is 15.4% of a 6.5-hour cash day, yet it took 28.0% of NQ volume and 25.0% of ES volume.

By the time Cramer and Marks sit down, the open has already done most of its damage. Astreka’s own note is blunt: treat 9:30 and 10:20 as different regimes, because a setup tested on 10:15 bars should not be assumed to behave the same at the bell.

THE FIRST HOUR VERSUS LATER WINDOWS

That first hour also covered a median 62.6% of NQ’s full-session range and 55.1% of ES range, so a lot of the day’s high-low territory is already mapped before the club goes live. Mid-morning prints such as the University of Michigan sentiment survey and the Conference Board’s consumer confidence index, both timed for 10:00 a.m. ET in the usual calendar, often land in the 20 minutes before the huddle as well.

Cramer’s 45-Minute Delay Sits Next to the Clock

Members do not hear about Trust trades for the first time at 10:20. CNBC’s club about page says a member gets a trade alert before Cramer acts, and that he waits 45 minutes after sending a trade alert before buying or selling in the Charitable Trust.

A 9:30 alert, under that rule, cannot be executed until 10:15. The Morning Meeting then starts at 10:20. CNBC does not say it picked 10:20 to match the delay, and the two clocks are separate on the site. They still sit five minutes apart on a normal open, which means the live take often begins after the Trust is first allowed to move.

The Trade Alerts page describes the same pause as 45 minutes of advance notice, plus the reasons for each buy or sell. Cramer has used that pipeline in public. On August 18, 2026, he wrote, “As i told CNBC Investing Club members, another chance to buy Intel right here…” The meeting is one live node in that loop, not the only one, and not the first.

Jim established the Trust in 2005 with a personal contribution of $3 million so he could run a real book as a teaching tool, with his own money at risk. The Trust must send portfolio income and realized capital gains to charity. Accountants at Anchin, Block & Anchin review the trades each year, and CNBC says the Trust has generated over $4.3 million in charitable contributions since it began.

What $399.99 a Year Buys Besides the Huddle

CNBC’s help center, updated March 30, 2026, lists the club at $399.99 a year or $49.99 a month, plus tax. On September 2, 2026, CNBC’s own account was still selling a separate promo: three months for $99.99. Those are different offers, and the promo price is not the list price.

The 10-minute huddle is the daily appointment. The invoice is for the wider kit around Cramer’s book.

WHAT A PAID MEMBER GETS

• Trade alerts: Notice before the Trust buys or sells, with the 45-minute wait before execution.
• The book itself: Holdings, weightings, history, and the teaching file Cramer says he wants members to copy in their own accounts.
• Daily video: The 10:20 Morning Meeting plus other live tapes, with Marks writing a share of the notes.
• Monthly call: About one hour with questions, a full walk through the names, and a longer market view.
• Newsletters and the club home: Dedicated mail and the members’ pages on CNBC.com.

Marks is Director of Portfolio Analysis, a Penn State finance graduate and CFA charterholder. Fima is the portfolio analyst, also a CFA charterholder, who got the job after mailing Cramer a letter and pitching five stocks. Jeff Nash, named managing editor at launch, still runs the editorial side on the about page.

The product is built for people who will sit with a 10-minute briefing after the open, not for anyone trying to scalp the first print. That is the bargain, and the price tags it.

A 10-Minute Desk Meeting, Sold to Retail

Trading desks have run morning meetings for decades: overnight news, a sector scan, risk limits, then back to the screens. CNBC’s version is that ritual as a subscription tape. Help pages call it a daily investing outlook. The Morning Meeting page says Cramer and Marks talk through headlines, analyst calls, and Charitable Trust holdings, and show how they decide when, or if, to act.

Ten minutes is short on purpose. It fits a working morning and leaves a replay for later. It also means the club is not trying to narrate every tick from 9:30 to 10:20. Members who want that tape already have CNBC’s regular TV hours. The paid session is a second pass, after the open has printed a range.

There is a cost to waiting. Fast news does not pause for 10:20, and a name in the Trust can move while the hosts are still getting to the set. The 45-minute alert rule is the club’s answer on trades. The meeting is the answer on tone: what they like, what they will not chase, and which of the book’s names are in play that day.

CNBC’s disclaimer sits in all caps on the meeting page: no fiduciary duty exists, and no specific outcome or profit is guaranteed. The Trust, the same page’s about file says, is a teaching portfolio with extra timing limits. Members are told they are not bound by those limits and can act when they want.

Monthly Sessions Take the 10:20 Hour Away

The daily tape yields when the longer one is booked. Help pages say there are no Morning Meetings on days when a Monthly Meeting is scheduled. Monthly sessions last about one hour, review the Trust, and take member questions. Dates go out by newsletter.

September 10, 2026 was one of those days. CNBC promoted a 12 p.m. ET monthly meeting and told viewers Cramer would name his six favorite stocks to buy, then walk the book with Marks. The same account had counted 32 stocks in the club portfolio at the August 13, 2026 monthly meeting, a snapshot that will move as they add and cut names.

MONTHLY MEETING: CNBC's Jim Cramer and Jeff Marks provide their broader market outlook and give an update on each stock in the Investing Club portfolio. Join the Investing Club to watch live at 12 p.m. ET: https://t.co/aQwAcKs8YA pic.twitter.com/IdbepmRFg4

— CNBC (@CNBC) September 10, 2026

The September 9, 2026 Morning Meeting was still listed on the club’s meeting page, so the daily clock had not been retired. It was only bumped for the monthly hour, then due back the next weekday. CNBC also hosts an annual meeting, with location and attendance options that change from year to year. The July 11, 2025 edition was staged at the NYSE.

For members, the usable fact is the weekday 10:20 appointment and the monthly exception. For CNBC, the same clock is a reason to open the app every session, after the open has already done its loudest work. That is the product the 10:20 line has described since 2022, and it was still the product on the September calendar.

Frequently Asked Questions

How Can Members Watch a Morning Meeting They Missed?

CNBC says an on-demand video is posted later at cnbc.com/investingclub/video if you miss the live event, and the help center tells members to keep newsletter alerts on so they know when a monthly session replaces the daily 10:20 take.

What Is the 72-Hour Television Trading Rule?

If Cramer has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before the Charitable Trust executes, a longer pause than the standard 45-minute wait that applies when he has not just discussed the name on air.

What Is the Investing Club Bullpen?

The Bullpen is a watch list of stocks that are not in the Charitable Trust but could join it; CNBC says the team is monitoring those names and looking for a chance to buy, with no promise of if or when a purchase happens.

Is the Charitable Trust a Fund Members Can Invest In?

No. CNBC says the Charitable Trust is not an investment fund, only Cramer has an interest in the portfolio, and members are not limited by the Trust’s extra trading restrictions even though they can see every holding and trade.

How Is the Investing Club Different From CNBC Pro?

They are separate paid products: the Club is built around Cramer’s Charitable Trust and includes the Morning Meeting, while Pro is live TV plus extra articles, and Pro subscribers can add the Club for $249.99 a year above the Pro fee.

Disclaimer: This article is news reporting and analysis of a published subscription product and market-timing data. It is for information only and is not investment advice, a solicitation to buy or sell any security, or a recommendation to subscribe to any paid research service. Readers should consult a licensed financial advisor or registered investment adviser who can review their own holdings, risk limits, and tax situation before acting on any idea mentioned here. Meeting times, prices, portfolio counts, and market figures reflect the CNBC pages, exchange notices, and Astreka study cited above and can change.