Cramer: 'Better-than-feared' Apple earnings may be enough to pop the stock and overall market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

'People really feared this earnings period,' CNBC's Jim Cramer says. 'It turns out that that fear was not justified.'

. " "There's a lot of thought that Apple, people are so bearish on it, that it can rally on a subpar number."

If Apple were eke out a beat when it reports after-the-bell Tuesday, that may be enough to also continue an uptrend trend in the overall stock market, Cramer added. "That's been the theme: When you have this better-than-feared, the stocks go higher," he said. "It's all about better than feared. People really feared this earnings period." He added, "It turns out that that fear was not justified."

With stocks at or near record highs, investors have become increasingly concerned about the impact of the ongoing U.S.-China trade war and global economic slowdown as well as persistently

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.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines