Cramer says market moves are 'crazy' but 'please just stop comparing it to 1999'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The 'Mad Money' host said he has never seen anything like the recent surges by major tech stocks but doesn't think it is similar to the the tech bubble.

Expanding on a tweet in which he called the market moves "," Cramer said that big surges by major stocks were unlike anything he had ever seen but were substantially different than the tech bubble of the late 1990s.

"Insanity does not mean it's over. Insanity just means can we please just stop comparing it to 1999, because in 1999 a lot of really bad companies gained a lot of market cap. Here, a lot of unbelievably great companies are gaining market cap at a pace that you've got to give them a speeding ticket," Cramer said on "

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

1999

Yup this for sure is not like 1999 at all. Zero rate is in command.

WS tries to pump up its numbers to support trump in 2020.Trump is the well known crook around this world. He wears the disgraceful record of 8 time bankruptcies to talk to public. WS is on his tracks.

No it’s worse!

Why not?

Speaking of crazy...tuesdayvibes

It's exactly like 1999.

Jim, it’s going to be the WILDEST ride of a lifetime, nothing that you would have seen coming . THINK outside of the box and listen closely to President Trump. He’s dropping clues left and right .... ( silver & gold hair is one of many )

You can't have it both ways jimcramer

Agree, 1999 we had 5% gdp growth and were running surpluses

There's only two kinds of people in this world: those that use other people's money to bet on the stock exchange and those that comment on them.

The stock market is like the lottery...only worse...

There is no point in comparing it to 1999 this will be much worse. Tech had the best quarter, now it goes downhill from here for next 3-4 years and with it the Nasdaq. But it will take few months for hallucinatuons to evaporate. By end of Q3, grab your heads in shock

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer says moves in tech stocks are 'truly insane' as Amazon and Tesla climbThe 'Mad Money' host said the moves in three large tech companies were 'unlike anything I have ever seen in my life.' Because the stock market is rigged by the rich The trend is your friend! $TSLA is not a car company, it’s a state of mind
Source: CNBC - 🏆 12. / 72 Read more »

Cramer says moves in tech stocks are 'truly insane' as Amazon and Tesla climbThe 'Mad Money' host said the moves in three large tech companies were 'unlike anything I have ever seen in my life.' Because the stock market is rigged by the rich The trend is your friend! $TSLA is not a car company, it’s a state of mind
Source: CNBC - 🏆 12. / 72 Read more »

Tech stock, market rally similar to dot-com bubble, Mark Cuban says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. yeah like the internet bubble he made his money on Mark Cuban is taking money from a country currently running a genocide on an ethnic group. Let's go ahead not put people like that on a pedestal as a person of any influence mcuban We do what we have to do
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market live updates: Amazon leads Nasdaq higher, positive vaccine news not helping, Dow in the redStephens raised its price target on Zoom to $220 from $180 Monday morning. $ZM Follow along with the latest stock market updates here: America's politicians and Wall Street are working together to exploit the American people.AND They're proud of it.They control the Federal Reserve, they control capital, they control the media, They control the chains that bind Americans and the straws that stick into their veins
Source: CNBC - 🏆 12. / 72 Read more »