"When money flows out of one sector, it tends to flow into another one. Sure, some of it stays on the sidelines because the market is uncertain, but most of it tries to find a new home immediately," Cramer said., which has a long supply chain in China, fared relatively well, losing just 1.5%, the host said. Because the tech giant is becoming a services and consumer company, any China-related weakness looks like a speed bump, Cramer said.
"I am thrilled that [Apple CEO Tim Cook] is embracing the consumer product story because that will ultimately allow research firms to change their coverage — switching Apple from the technology universe to the consumer product universe," he said. "That's why Apple barely got dinged today. You put it all together and today's rebound paints a very bullish portrait.
Trumps a false flag regarding the markets.
Hope so