Cramer tells investors to be cautious of 'one-day bull market' after Tuesday's surge

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Jim Cramer warned investors against believing that the bull market was back after yesterday's massive rally, saying that automated trading and short-covering were major reasons for the move.

The rally came as political leaders in Washington, D.C., signaled that they were close to an economic relief package for the coronavirus pandemic. Senate Minority Leader Chuck Schumer said on Tuesday morning that the deal was on the "two-yard line" but no deal had been"There were two times that were like this, 1933 and then the other time we were looking at 2008 when TARP was passed, and we know both times there was no demand. And that was the real problem.

"And I think that until we see demand for goods or see we actually some secular growth stories … you realize that this was a gigantic short squeeze. That doesn't mean we can't continue, but there was a short squeeze today.". Cities and states across the country have been ordered to close in an attempt to slow the spread of the virus, which has led to worries about the country suffering a potentially severe recession.

The Federal Reserve has been increasingly active in recent weeks, pulling out many of the tools it used during the financial crisis to calm credit markets. On Tuesday, however, the equity market "didn't really function today," Cramer said. "I hate this kind of rally. This was a machine driven rally, just like the sell-offs … I want to wait to see," Cramer said.

 

コメントありがとうございます。コメントは審査後に公開されます。

Algo runs on a program what we feed . We can change indicators at any time . This is a game of psychology reflected in charts . So no all blame goes to Algo .

America needs to go back to work Jim. You equate Easter with large gatherings. That was not was said. Again, you show your bias and report fake news.

That idiot also said RIMM was going to 1000 and AMZN was going to go bankrupt 10 yrs ago and described it as a book store.

We’re now front running other people who will be blaming the algos

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Here’s Why Stocks Just Had Their Best Day Since 1933The market surged 11% as Congress neared a deal on the $2 trillion coronavirus stimulus bill. skleb1234 Chinaconspiracy ChinaLiedAndPeopleDied ChinaLiesPeopleDie coronavirus Spain Italy USA China wants to rule..by hook or by crook...they really don't care Chinaconspiracy skleb1234 Because as usual Trump is giving away stuff or money that isn't his? How else do you explain bankrupting effin CASINOS for Christ's sake and the investors? BANKRUPTED and no money back!!! skleb1234 👍
ソース: Forbes - 🏆 394. / 53 続きを読む »

What 401(k) investors can learn from Tuesday’s massive market bounce1. You really can’t time the market and shouldn’t try. Those who panicked and cashed out just missed a massive, 10% single day jump. And this happens in...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »