Cramer's week ahead: This is the 'most overbought market in history'

"When you try to rebound from a down-1,800-point day, what we had yesterday, you do get all these anxious" investors who run "smack into a wall of sellers" who are "delighted to get out at a higher price," the "Cramer said the market is being shaped by amateur investors biting at low dollar stocks and warned that "rampant speculation" tends to end in disappointment.

Friday marked the end of a three-week win streak as investors weigh the odds of another Covid-19 outbreak that could slow down America's reopening efforts. He went on to give a preview of what's to come for the market next week. All earnings projections are based on FactSet estimates.The Federal Reserve Bank of New York will reveal its June survey of manufacturers in New York, which will give investors a read on general business conditions in the state and region. The May survey came in at minus 9, which followed a record low reading of minus 78.2 in April.

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Look at the retarded comments from here and it confirms that this is the most overbought market in history by incompetent folks who used their $1,200 checks to gamble in the stock market rather than paying down their debt.

It was indeed until last Thursday. Not any more JC...

Starbucks will be $150 before mid of 2021. China is a huge market. Lukin Coffee, the biggest competitor in China is out. Ppl feel cheated by Lukin fraud, they are becoming Starbucks loyal again. + SBX will buy Lukin assets at dirt cheap prices. stocktips multibagger.

Boeing 737 Max recertification by of June. Boeing has over 4500 planes in back order plus if the recertification goes thru the stock will double from current $189. It's a 500 dollar stock. stocktips, multibagger. Watch this cnbc video

Fifty percent stock split. Half divided to all citizens equally.

still monday is an up day because the market is coming from a big 3 days sell off

Ridiculous. How about the Internet bubble with stocks having no P/E.

Big money still on the sideline.

He’s a clown. Why even put him on tv honestly

PaulWHKim Cramer's feeling the FOMO

Cramer.... bird of ill omen

bullish

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Cramer recommends buying these stocks after Thursday's brutal day on Wall Street'In a tough market, you need to circle the wagons around the few good names you feel comfortable buying and then buying more if they go lower,' the 'Mad Money' host said. Cramer all rant but he no stock great picker. ? why still on CNBC!?
Fuente: CNBC - 🏆 12. / 72 Leer más »

Frothy trading in bankrupt companies, penny stocks sent red flags that a pullback was dueWith the S&P 500 more than 45% off its low, analysts have been seeing some frothy stock trading and signs the market is overbought and could be ready for a rest Вы верите в это? The market is awaiting capitulation from the RobinHoodlums. cnbc really good at cheerleading momentum on either direction , after the fact ! Completely clueless !
Fuente: CNBC - 🏆 12. / 72 Leer más »

Wall St Week Ahead: Investors bet bounce in value stocks will stickAs the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally. Strange how sentiment can change over night, the fake news induced a brief panic yesterday, and today it's mostly vanished. They'll keep trying to crash the market using every type of hoax imaginable until the election. Strange how sentiment can change over night, the fake news induced a brief panic yesterday, and today it's mostly vanished. They'll keep trying to crash the market using every type of hoax imaginable until the election. $SPY $DIA Well the 1% on the hill are together, the rest of us suffer lives where they take all our money.
Fuente: Reuters - 🏆 2. / 97 Leer más »