Charts show the US could be able to reopen for business in three weeks, Jim Cramer says

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'I'm still very worried about this pandemic … but the charts, as interpreted by Larry Williams, suggest that the future might be brighter than we expect,' the 'Mad Money' said.

" host said the renowned market analyst and trader made one of the "boldest contrarian calls" he had ever witnessed as the coronavirus outbreak takes its toll on society. Williams believes that officials could be free to loosen restrictive measures by May 12, or three weeks from Tuesday.

The health crisis took its hold on the U.S. more than a month ago as Covid-19 diagnoses spread quickly throughout the country. Businesses were ordered closed and residents in the majority of states told to shelter in place as a means to contain the virus. "Williams is not a wishful-thinking kind of guy. He's a heavy-hitter," Cramer said, "and his forecast [is] worth taking seriously."

After cases in the U.S. spiked on March 11, new daily counts appeared to have peaked on April 10 and gradually declined thereafter, notwithstanding the fact that widespread coronavirus testing is not available, Cramer said.

 

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And yet, we just can't wait three weeks. Impatience is going to kill countless people.

your logic has failed you---did you ever think that the numbers are only ...because we shut down?--& if it had spread like it is capable, hospitals would have to turn away people & the deaths would have risen---please, THINK

Chasing the mortabolity rate to 10%. It might happen!

DOCTOR Jim Cramer? Or batshit financial whatever Jim Cramer?

What is this nonsense? This is even worse and more dangerous than jimcramer stock advice. Completely irresponsible.

madillon13 Everyone is an expert now🙄🙄🙄🙄🙄🙄

Cramer is a pumper. That’s all.

Appreciate jimcramer providing this information, while there are additional variables, it does provide another way of looking at. I also know there will be a bunch of clowns that will be negative about Chill trying to give a positive angle, it’s appreciated.

Nobody wants to go back out there

Since when did Cramer become a Dr, MD Is this Cramer & CNBC practicing medicine without a license ? They aren’t Drs or scientists, experts. I will listen to Dr Fauci & the scientific criteria for Phase 1. America is not ready yet. GA is not ready yet. Watch Dr Fauci.

Why does that asshat still have a show?

Didn’t Jim Cramer also say to buy Bear Stearns

Charts are projections and have no previous history to rely on. Stop it.

I'd like a 2nd opinion .. Lets ask larrywilmore how soon he thinks is a mid road estimate opening business;; I'm saying 4 months; but I say four months if the administration were competent to realize no $1200 is going to make just onemonth.. We're talking living subsidy $12k

The guy making the prediction is comparing us to South Korea. They tested thousands more per capita than we will ever do also this:

Where did he get his degree in medicine or science?

Sorry to say...businesses should have never been closed for this “nothing”

Y’all will say anything to keep market sentiment artificially high, won’t you? Sell!

Why not now?

This clown? Sure go ahead Jim. You first.

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