CNBC’s Jim Cramer Monday cautioned investors against dumping high-quality stocks in a market he says is being driven more by fear rather than fundamentals. “Stocks go down for all sorts of reasons, some good, some bad. Lately we’ve had a lot of bad, and tonight I want to straighten some things out,” Cramer said on…
The clock is ticking on Nike’s recovery. Without any signs of improvement, Jim Cramer said we may soon have to make a hard decision on the stock. “I want to wait until the fall before we cashier [Nike’s stock] and take the loss, or I see some green shoots by then,” Jim said Friday during…
We’re not used to so many things going wrong at the same time, especially when, as the days go on, they can’t suddenly go right. Moreover, we can’t process something that seems unfathomable — a short war —when the calendar says it’s no longer short. We also can’t adjust to the notion that no matter…
The stock market enters the week ahead battered and bruised by the war in Iran. In the coming days, weary investors will also need to contend with a fresh batch of jobs data and a few stragglers on the earnings front, including Club name Nike . The conflict in the Middle East will remain the…
The ripple effects of the war in Iran are ever-widening. Soaring oil prices continued to put pressure on stocks last week, with the Dow and Nasdaq slipping into correction territory, defined by declines of 10% or more from record highs. The Dow and Nasdaq sank 1.7% and nearly 2.2%, respectively, on Friday and just about…
Forty-two years ago, right about now, I was a third-year law student trading options between classes as if they were cold Cokes on a sweltering day. I loved the semiconductors back then — National Semi, Texas Instruments, and Motorola. I also worshipped IBM, always long those calls, and Monolithic Memories was my favorite spec. It’s…
CNBC’s Jim Cramer outlined his game plan for the week ahead, warning that a relentless rise in oil tied to the Iran war is continuing to pressure stocks – and could signal more downside. “Another miserable week. Four weeks since the war started and it’s been pretty darn awful,” Cramer said Friday on “Mad Money,”…
In this Club Check-in, CNBC’s Paulina Likos and Zev Fima unpack how rising oil prices are shaping the market — from the pressure on corporate earnings and consumers to the implications for Federal Reserve policy — and where investors can find opportunities. The discussion also zeros in on the key question driving sentiment right now:…
Wall Street is in denial about the market’s strength, Jim Cramer said, arguing that investors are dismissing falling oil prices and what he calls the “presidential put.” “When in doubt in this market, check the direction of oil. Ignore those who scoff at every word out of the president’s mouth,” said Cramer Wednesday on “Mad…
Oil prices fell on Wednesday after reports that the U.S. had given Iran a plan to end the war, pushing stocks higher. Can investors finally breathe a sigh of relief? Not so fast, says Morgan Stanley. In a client note, analysts said that even a reopening of the critical Strait of Hormuz, which Iran has…
