"Days like today are the reason why we stick around in this otherwise ugly market," Cramer said."But we also know they've been few and far between, which is why everything in this market is a trade until the bears are finally slain and the bulls can trample unimpeded, which is not the case."
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyFirst, Cramer said the bond market needs to see more buyers and fewer sellers, lamenting how the Chinese government has sold a significant portion of U.S. debt over the past several years. The market may see better days if the U.S. sees growth without inflation, according to Cramer. Employment data needs to show that jobs are still being created, but at a slower rate, he argued. Tamping down wage inflation will also help stocks to rally.
Cramer also said companies need to start giving better forecasts, as he said many are reporting solid quarters but slash their forecasts. In the same vein, he said investors should give some companies with a history of outperformance the benefit of the doubt. Instead, many stocks are getting crushed due to general sector weakness, he added.
"I don't want to rule out these positives, especially when we're oversold, but I don't see the Chinese government buying bonds, or the Fed to stop selling them, and that backdrop in itself makes it much harder to own anything in this environment," Cramer said."Unfortunately, right now the bears are in charge, with the bulls merely paying periodic visits to the New York Stock Exchange."at no cost to help you build long-term wealth and invest smarter.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Jim Cramer's top 10 things to watch in the stock market MondayWe now care more about the Treasury's funding cycle than about earnings?
Lees verder »
After stocks rebound on Monday, Cramer explains how the market can keep rallyingCNBC's Jim Cramer on Monday listed off factors that could help the market rally.
Lees verder »
Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, SouthwestHere are some of the tickers on Jim’s radar for Monday, Oct. 30, taken directly from his reporter’s notebook:
Lees verder »
Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, SouthwestHere are some of the tickers on Jim's radar for Monday, Oct. 30, taken directly from his reporter's notebook:
Lees verder »
Here are 2 stocks Jim Cramer is 'most concerned about' and 1 name that he likesThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Lees verder »
GameStop Corp. Cl A stock falls Monday, underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Lees verder »