Jim Cramer on Wall Street trading trends: 'This action makes little sense'

Canada News News

Jim Cramer on Wall Street trading trends: 'This action makes little sense'
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

'The staples and the retailers should be moving in opposite directions' meaning 'somebody's wrong here,' the 'Mad Money' host said.

Investors continued to gauge chances of a rebound in the U.S. economy against more gloomy economic data. Market players will also get an update on weekly unemployment claims across the country Thursday ahead of the monthly labor report.

The health-care and technology segments of the economy are in good shape, the former hedge fund manager suggested. "If you make technology that helps businesses cut costs, especially by firing people, you're doing fine. If you make something that people literally can't live without, like medicine, you're in good shape," Cramer said. "But just about everything else is struggling here, hence the staggering number of layoffs."

Investors are trying to guess the winning and losing stocks ahead of a full reopening of the economy. The best performers during the countrywide lockdown, including

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Many restaurants would 'shut down completely' under Tennessee's reopening guidelines, Jim Cramer saysMany restaurants would 'shut down completely' under Tennessee's reopening guidelines, Jim Cramer says'These rules are safe and healthy for the customer, which is great, but there's simply no way most restaurants can possibly obey them without going right out of business,' the 'Mad Money' host said.
Read more »

Facebook, Alphabet and Amazon are in a 'three-horse race' in advertising, Jim Cramer saysFacebook, Alphabet and Amazon are in a 'three-horse race' in advertising, Jim Cramer says'With this latest quarter, they've pretty much become the only game in town,' the 'Mad Money' host said.
Read more »

Jim Gaffigan to play notorious Toronto mayor Rob Ford in AMC seriesJim Gaffigan to play notorious Toronto mayor Rob Ford in AMC seriesJim Gaffigan to play notorious Toronto mayor Rob Ford in AMC series
Read more »

Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewershipFox Corp quarterly revenue tops estimates as Super Bowl boosts viewershipFox Corp beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company's shares up more than 2% in extended trading.
Read more »

Facebook, Alphabet and Amazon are in a 'three-horse race' in advertising, Jim Cramer saysFacebook, Alphabet and Amazon are in a 'three-horse race' in advertising, Jim Cramer says'With this latest quarter, they've pretty much become the only game in town,' the 'Mad Money' host said.
Read more »



Render Time: 2025-03-16 18:53:57