Lang, the founder of ExplosiveOptions.net and a contributor to TheStreet.com, is a trusted technician that Cramer relies on to get a read on the state of the market.
Cramer noted last year was the biggest period of retail failures in history, as coronavirus lockdowns and restrictions put a dent in the brick-and-mortar retail landscape. As the U.S. carries out its Covid-19 vaccination campaign and guides closer to a full economic reopening, those businesses that outlasted the damage could be in a position to benefit from another round of relief spending that includes a third distribution of direct payments to most Americans.
"This whole group was running out of gas a couple weeks ago, then Congress agreed to pump $2 trillion in [the economy] and now they're looking at another leg higher," Cramer said.
WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
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La source: CNBC - 🏆 12. / 72 Lire la suite »
La source: CNBC - 🏆 12. / 72 Lire la suite »