CNBC's Jim Cramer on Tuesday said Federal Reserve policy was to blame for the December sell-off and that the agency's adjustments have since produced a bull market. That has created good odds for names like Caterpillar, Home Depot, and the other stocks that investors dumped the day before Christmas, said the "Mad Money" host, who thinks the market has more legs to run.
"But the turning in this stock from hideous to merely ugly by the end of the day speaks loads about how at least some people are catching onto the right way of looking at things." Additionally, Caterpillar's stock price lost about 2.4 percent on Tuesday due to a double downgrade from UBS, Cramer said.
This guy will recommend stocks go up forever. His charitable trust can’t short stocks.
Cramer calls it wrong every time. Top is in.
joefriday_714 lol he is bullish 🙃
Well the daily chart for spy, dia and qqq is all about to fall into the red so if people don’t buy soon Cramer’s long positions are going to suffer
He is shameless.
Translation: the economy sucks and that's why stocks are going higher.
So more quantitative easing when economic productivity is maxed out and everything is heavily leveraged.
let’s mark this tweet! this way he can’t claim to have been negative at the top
SELL! Jim is always full of 🐂💩
Comedy gold
Voodoo predictions.
the guys at Hedgeye and KeithMcCullough will short those names to you...
GFY
LOL
LOL
lol
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