Jim Cramer: Stock market winners overshadow the need for more government aid to small businesses

preview_player
Показать описание

CNBC’s Jim Cramer said Tuesday that the strength of the stock market winners is obscuring harsh economic realities that exist across a U.S. economy that’s been ravaged by the coronavirus pandemic.

And with Covid-19 cases rising in states across the U.S. and the prospects of additional stimulus from Washington looking dim, the “Mad Money” host said the ”‘A Tale of Two Cities’ economy” is rearing its head once again.

“The visible stories are almost all positive. The negative stories are mostly hidden, at least when it comes to the stock market,” Cramer said. “The losers are being crushed by the virus. The winners either benefit from it or can survive it to come out the other side with fewer rivals.”

Cramer’s comments came after the Dow Jones Industrial Average closed higher by 140 points, or 0.5%, rebounding following a 509-point decline Monday. The S&P 500 and Nasdaq Composite gained 1.1% and 1.7%, respectively, the first gains for those indexes in five days.


Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

For info on the best credit cards go to CNBC Select:

#CNBC
#CNBCTV
Рекомендации по теме
Комментарии
Автор

I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

Lashell-dv
Автор

Help small businesses like mom and pop shops, businesses with IPOs should not get federal funding

marktwain
Автор

CNBC!
I guess you guys know who the select retail Trader was, helping move PALANTIR around yesterday.

Oh and it ain't over, I'm coming back for more today.

Check out, how I affect the the stockmarket today, Stock symbolS PLTR, AAPL, MSFT, & TSLA

OG=RB aka Drone Ninja ;-)

Tweetogreggieb
Автор

Tesla,

Don't believe the CNBC negative hype.

It's ranked number one in the industry.

It represent the future of the Autos

I'm in, 4Life.

Tweetogreggieb
Автор

Amazon Prime week is coming up in mid-October... Look for it.

meej
Автор

Fantastic video ❤ I still see Cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest Crypto asset Bitcoin.

patricepavard
Автор

I just hit TSLA 4 some big paper, hold on its going down.

Tweetogreggieb
Автор

@Mr. Money Geek , good day to you. AAPL, MSFT & TSLA, are and will remain my primary targets. However, I have reduced my positions dramatically because I see how my actives are affecting the overall stockmarket.
Today, should be a toss up with these stocks, not much expected but something will be better than nothing.

Take care my friend and keep your focus, you're well equipped to become very successful at this game.

Peace!

Tweetogreggieb
Автор

Let them eat Amazon forever. The future is never having to leave your home....for anything.

DRCole-kqwk
Автор

Good day Traders, hope all is well.

As for my info.today, it's about AAPL, MSFT & TSLA, they are still under pressure from my trading actives. Therefore, I expected them to rang as they have been, tight.
If you are a Day Trader, you may want to consider, being patient with your trade entries today because it's Friday and many Day Traders will be closing out their positions. Not wanting to hold them over the weekend.

What I usually do, when the spread is tight; Is weight for the High and Low number of the day to print. Then I calculate the average number between the two and us it as a faze one trade entry point and put on half or one third of my planned position, for my trade setup.
Once I'm in, Im looking to add to my position, in my faze two process, which I do, should the numbers go lower. My goal at this point, is to be patient and look to make my next entry as close as I can to the previous day closing number as possible, the closer you get the better your odds. Ideally, I like to get under the previous days close because it has to close above it to be in the green for the day.

This is not trading advise, im just sharing somethings that has worked great for me. Hopefully, this info will help you too, let me know.

OG-RB, aka Drone Ninja to some.
Peace!

Tweetogreggieb
Автор

Under what administration did the stocks market just crashed twice ? Its very nice when this happens and you know when ahead of time....

daycareman
Автор

If a chart could speak it would sound like Jim Cramer

rafsimons
Автор

Amazon success is many small businesses going under unfortunately.

DandyFinance
Автор

I look for a lot to fall, this winter. Increase in cases means decrease in buying power over job loss and pay. Bare necessities will pull through but eveyone else will see a huge fall.

Anna-flsv
Автор

According CNBC!
I guess you guys know who the select retail Trader is, helping move the Stockmarket

Sounds like, OG=RB aka Drone Ninja, to me ;-)

Tweetogreggieb
Автор

Great guy, good intention but maybe a little naive because of his inducement buy the system he was taught from.
Like with K - 12 in school, you're only taught to serve the establishment, when taught by an open market system.
I've always believed in thinking outside the box and doing for myself, teaching myself, by way of experience. Over the years, I've found it to be
a pretty reliable process.

Day Trading, Swing Trading, Long Term Trading, is no different; however, each requires its own unique approach. Yet!, with a strong objective mindset and perseverance, you can teach yourself to trade in this Space Age.
Just try to remember, there's a Broker on the other side of your Every Trade and their objective are often opposite of your own. The main key to winning in the stock market is first understanding your opponent, (i.e. Broker).

If you would like to know more, just leave a (Q) & (A) in the comment section and I'll be more than happy to enlighten you.
Until next time, peace be with you.

Yours truly

OG-RB, aka Drone Ninja to some ;-)

Tweetogreggieb
Автор

Buy amzn! Prime day right before earnings!

lizi
Автор

Is it prudent to spend another trillion plus at this juncture? There are multiple vaccine candidates in phase 3 trials. 15 minute test kits will be coming online soon. We will be getting on top of this thing very soon.

MidwayGuy
Автор

Whenever I see the Lululemon logo I think of beautiful booties with leggings "fused to their hide" as Miyazaki so eloquently wrote when describing the dancer from Dark Souls 3.

NeuroPulse
Автор

AAPL,
I made my first entry, @125.99 trading both sides shares 100% equally for now, to hedge my money safely from any loss, until an opportunity presents itself.
At such time I will switch to 100% with a 75% hedge up or down depending on the overall direction.

Tweetogreggieb