Jim Cramer says the market made major strides during last week's rally

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

CNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.

CNBC's Jim Cramer on Monday said last week's gains may not be temporary, saying major strides were made in broadening the rally."I simply can't dismiss the best week of the year, where major strides were made in broadening the rally to everything from the financials, to recent e-commerce stocks, to the usual semiconductor and semiconductor and semiconductor equipment suspects," he said.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyLike many rallies, Cramer said last week's market gains were"hard-fought victories" for the bulls that were not expected to occur in an over-sold market where the"gloom was palpable.", where rates held steady, Cramer suggested it's possible there may not be any more rate hikes in the next few months.

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:

 /  🏆 545. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Jim Cramer's top 10 things to watch in the stock market MondayU.S. stocks tick up in premarket trading Monday, while Barclays raises its price target on Club name Starbucks (SBUX).
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
Source: NBCLA - 🏆 319. / 59 Read more »

Cramer calls out Disney's 'great hire' ahead of a key earnings reportThe Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »