The surge in the tech-heavy Nasdaq, Cramer said, is "more representative of this market than the endless rebound in the hospitality and travel stocks in response to the opening of America."
But he argued its service revenue has helped fuel its rally. "When people who are stuck at home with nothing to do, they go online, the Amazon, the Apple stores," said Cramer, who added that the iPhone giant's Apple Pay stands to benefit in a world where contact-less technology grows in importance.
It's money laundering and wallstreets playing it cool for a kickback.
Jimmy Cramer stock. SELL SELL SELL
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks continue to climb on recovery optimism — Cramer and four others on what's nextStocks continued their climb on Monday on optimism over a recovering economy. Here are five experts on what's behind the rally. TradingNation
Fuente: CNBC - 🏆 12. / 72 Leer más »
U.S. Stocks Rally; Nasdaq Hits RecordThe Dow rose as investors continued to assess the pace of the economic recovery. The technology-laden Nasdaq Composite index hit its first record close since February, and the S&P 500 finished in positive territory for the year. what crisis? Trump pumping the market lmao Good news. Nothing dodgy about it at all...
Fuente: WSJ - 🏆 98. / 63 Leer más »
Stock market live Monday: S&P 500 goes positive for the year, Dow up 450, Nasdaq new highU.S. markets continued to grow as optimism mounts over a recovering economy. Here's four experts on what's behind the rally.
Fuente: CNBC - 🏆 12. / 72 Leer más »