Cramer analyzes Thursday's market action: ‘The time for big gains may be behind us for a bit'

CNBC's Jim Cramer reviewed reason's for Thursday's market pullback, saying there may be some time before Wall Street sees another rally.

"The market's still too overbought, and we got too hopeful and now reality, with its positives that get rewarded, still, and its negatives that are punished, has set in," he said."So the time for big gains may be behind us for a bit as we recharge and shed our Panglossian rose-colored glasses.

He also named companies that might have done well in a more generous market, but have seen their stocks sink even after decent earnings reports, including "This market's punishing the weak while rewarding the strong," he said."It's no longer making excuses for poor performance. In some cases, it's not even embracing good performance after the monster move we've had in the last two weeks."WATCH: Fans boo as Bruce Springsteen sings about the Giants during Philly concert

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 ThursdayCiti backs Nvidia ahead of earnings, while James Gorman is in charge of Disney's succession planning.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market ThursdayStocks were headed for a higher open Thursday after a batch of better-than-expected economic data boosted confidence in the health of the U.S. economy.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market ThursdayU.S. stock futures were down Thursday as market volatility shows no signs of letting up.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »