Despite two positive days for the market, Cramer worries the gains may be temporary

Even though the major indexes saw gains over the past two days, Cramer asserted that these positives may rely on the results of the Federal Reserve's Wednesday meeting.on Tuesday worried about the sustainability of the recent market action. Even though the major indexes saw gains over the past two days, Cramer asserted that these positives may rely on the results of the Federal Reserve's Wednesday meeting.before Tuesday's open, the company's share slid.

"Those positives aren't worth a warm bucket of spit in this market, because we re-evaluate companies every single day, every single hour, every single minute based on the macro environment, as controlled by the Fed and the long end of what we call the yield curve."To Cramer, this"instant wholesale revaluation process" may end only when long-term interest rate peaks, either because the bond market evens out, or the Fed resolves to stop rate hikes.

"Positive days like yesterday and today make you feel like one of those bullish outcomes could be right around the corner, allowing us to have faith in the 2024 projections," he said."But we get smashed tomorrow and all of the stocks that rallied big today have those gains repealed instantly.Cornell University

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jim Cramer's top 10 things to watch in the stock market MondayWe now care more about the Treasury's funding cycle than about earnings?
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, SouthwestHere are some of the tickers on Jim’s radar for Monday, Oct. 30, taken directly from his reporter’s notebook:
مصدر: NBCNewYork - 🏆 270. / 63 اقرأ أكثر »

Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, SouthwestHere are some of the tickers on Jim's radar for Monday, Oct. 30, taken directly from his reporter's notebook:
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Here are 2 stocks Jim Cramer is 'most concerned about' and 1 name that he likesThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market TuesdayU.S. stocks edge up in premarket trading Tuesday, as shares of Club name Caterpillar (CAT) tumble on lackluster guidance.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer explains why retail stocks are suffering with savings chartCertain stocks have been immune from the downturn, but the benchmark retail ETF is down nearly 20% over the past eight months.
مصدر: startelegram - 🏆 248. / 63 اقرأ أكثر »