News Formal

Charts show a double-digit rally could be in store for tech and oil stocks, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • 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 takes a look at chart action as explained by DeCarley Trading co-founder Carley Garner to understand the moves in oil and tech stocks.

Technology and oil stocks have rebounded after the fourth-quarter sell-off and investors should be conscious of how much farther they could run, CNBC's Jim Cramer said Tuesday.

Cramer highlighted that crude and the tech-heavy Nasdaq 100 have been trading in near lockstep over the past 180 sessions — peaking at the same time in October and bottoming at the same time in December — although tech has bounced harder. But the gears appear to be changing. Based on moves illustrated in a weekly chart dating back to 1999, Garner thinks the rally can only be sustained on legitimate bullish bets, the host said. She argues the the Nasdaq 100 could rise another 3% from current levels to touch its all-time high and trigger a short-lived pullback. If the index breaks above that 7,835 mark, it could run as high as 8,455 — 11% higher from current levels.

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
 

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。

If the shit goes down in Libya, look for it…

smh... Grow that bubble bigger

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。

Cramer: 'We're in trouble' if JP Morgan's stock doesn't rally when it reports earnings'If that stock doesn't go up when it reports we're in trouble,' CNBC's Jim Cramer says. That is your first clue? You’re in trouble. jimcramer never will I be associated with TEAM We're $rvn $flo
ソース: CNBC - 🏆 12. / 72 続きを読む »

Investors may think the market is reaching a top, but I'm not buying it, Jim Cramer saysJim Cramer breaks down 10 reasons that people forecast the market could soon reverse course. You just want more money Jim... You will say anything to get it Jim Cramer is the best contrarian indicator there is. SELL! In the market, the top and bottom represent a relative problem, but the important thing remains in the optimum performance of the facility
ソース: CNBC - 🏆 12. / 72 続きを読む »

Cramer Remix: Why the decline in cloud stocks and Lyft's move higher go hand in handJim Cramer discusses what the drop in cloud stocks signals for the IPO market. Crater Blah, blah, blah ... pump, blah ,,,
ソース: CNBC - 🏆 12. / 72 続きを読む »