'Unfathomable market' — Jim Cramer warns against buying or selling on US-China trade headlines

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Markets are 'hostage to events that are not only totally out of our hands, but I think totally out of the president's hands,' says CNBC's Jim Cramer.

, months after the administration restricted sales to the telecom giant over concerns of national security.

Stocks were on an unsure path in early Thursday trading on Wall Street until Trump tweeted about Friday's Liu meeting. However, Cramer suggested there's still plenty of time left in the trade war for headlines to send stocks plunging again, saying that "it is just impossible.", which has been threatened by the two countries' increasing, retaliatory measures on one another.

"You sell Apple on the news that the trade talks are going badly," the "Mad Money" host said. But then Apple shares move higher, after the company gained favor with China by removing an app that anti-government protesters in Hong Kong were using to track police. "Do you buy Apple off that," he asked. "You upgrade Apple because Apple is doing better with the [new iPhones] ... but then you start thinking that if the trade talks go badly."

 

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

Cutting edge advice. Thanks.

How many times are people going to bite on this 'trade deal' nothing burger? WAKE up. Lemmings. There is no trade deal that can fix the underlying economic issues. Ain't gonna happen. Buy hard assets. Or go broke. Your choice.

احنا عشان نتفق لازم نتوفق بين منتجات غربية وشرقية بمنتج واحد مشترك !! يعني عشان نهدي اللعب لازم اشوف جوال فيه من صفات كل الشركات !! وبالمناسبة لو فيه شركة تنتهج هذي الفكرة الثورية انها تجمع بين صفات كل شركات الجوالات الثانية بجوال واحد يجمع الكل ترى هنا ثورة نوعية فوق المصالحة !!

Our mission at is to build the social media platform that ends fake news

Seems that is all the market has been doing for the past year

Does anyone trust anything he says after the 2008 debacle. I don’t

He just told me the market was about to hit a correction 2 days ago.

Can't tell me nobody isn't front-running every tweet and stand-up.

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:

 /  🏆 12. in CA

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.

Everything Jim Cramer said about the stock market on 'Mad Money,' including China blacklist, Domino's earnings, S&P 500 forecast, Emerson Electric CEOIn Tuesday's 'Mad Money' episode, Jim Cramer derides the Trump administration's ban on Chinese companies, interviews Domino's CEO Ritch Allison after earnings and sees what's in store for the S&P 500. Cramer is a con man
Source: CNBC - 🏆 12. / 72 Read more »