Cramer on the sell-off: 'It's very hard to buy a lot of stocks when you see these' case numbers

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

'It's shame too because with stimulus, we'd be very tempted to own some of these stocks,' CNBC's Jim Cramer said. 'But right now, I think everyone is just fearful.'

U.S. investors were surely monitoring the situation in Europe, Cramer said, likely influencing the negative sentiment for Wall Street. Thehost worried, however, about the implications of more strict public-health measures in America without more fiscal support from Washington, where Democrats and the Trump administration have been locked in a stalemate on stimulus negotiations for months.

"The lockdowns without the stimulus equals what we're seeing, and I think it's a shame because had there been stimulus, we would then be focusing on earnings and the earnings are actually pretty darn good," he said.

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 US
 

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

Remote working and schooling products and services ought to benefit, no?

Looks like Covid Killed Trump Nov 3

Fake, inaccurate PCR virus tests. Virus not isolated. Asymptomatic spread not proven. EMF radiation from cell phone and wifi is actually making people ill. Stop lying about the a fake virus.

I have great faith in the future. You can be scared, and try scaring average investors but anyone with half a brain wouldn’t listen and either wait it out or buy more high quality stocks for cheap.

Cramer sticks his wet finger in the air and “predicts”. This guy is a joke.

He’s panicking

Cramer yesterday

Jim doesn’t know jack $hit.

I remember Trump claiming victory, because DOW moved up by 300 points. Now that the market is crashing down we hear nothing from this loser.

Sell!! Sell!! Sell!! Hell is coming!!

It’s election time. COVID people are used to tin

Come on Cramer you knew this was coming regardless of the Pandemic. It’s an election year and the fucking tide is turning and the fat cats are running with the little guys money. No thanks to you and your sort.

Peddling fear, death rate is down 75%, a virus cannot be stopped, but we have learned how to treat and reduce deaths

Coronavirus policy IS economic policy. They aren't mutually exclusive. The poor handling of the pandemic equates to poor economic policy. Tax or interest rate cuts can't overshadow that. We're paying trillions for his ineptitude. Trump is sabotaging the Biden economy.

So masks don’t work Chillman You can’t go ANYWHERE without one! Bobulinski

IMO....you can thank Pelosi/Schumer for no stimulus deal as they would not negotiate (they wouldn’t come down) because they didn’t want ANYTHING GOOD TO HAPPEN AHEAD OF THE ELECTION. shameful. CNNBC will never call it out but it is true. Term limits!

Hold up. Hold up. Hold up. Look at mortality rather than case numbers. I grant you uncertainty in waiting to evaluate if our health care can *continue* to rise to the occasion during a *less virulent* rise but so far we *have* risen to the occasion.

JustinTheroux18

This guy is so full of shit

Hydrogen baby....worked so well last time!

Honest question from an interested newbie: does stock drop have anything to do with Senate recess without Covid stimulus?

The general consensus is that Cramer is a dolt.

No more Cramer he is biased and crude.

The market can’t recover until we get a handle on Covid. Since Trump has given up on handling Covid, I see some volatility until he’s out.

Cramer is the most overrated commentator in the history of television

Bob_Stinson1234 Trump was the GOP and GOD's Chosen Economic Crash Dummy.

This makes me feel better though.

Yes, and its also Biden still with a big lead in the betiing odds and polls So the vote could cause a correction This looks like an opportunity for big day traders in the next month

jimcramer

Dems don’t defend the same as Republicans. Holy hell where you get this shit from. Trump came in with a beat down military.

We could have been like New Zealand, but nooooo Her emails.

I thought jimcramer said this week he started buying? Was that Monday or late last week. I’ll have to look. Hard to time when earnings (great earnings) don’t seem to matter anymore. And rightfully so.

That's because it's 'very hard' to give advice when you don't know anything about stocks other than partying up on major trend lines of popular support but beyond that you know squat!

The market knows blue state reactions to cases us to shutdown again

United States United States Latest News, United States United States Headlines

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

Stock futures flat after market sell-off amid uptick in Covid casesOn Monday, equities plunged in their worst session since September amid a surge in Covid-19 cases across the country. CNBC COVID propaganda.
Source: CNBC - 🏆 12. / 72 Read more »

Industrials lead market sell-off, but these stocks could be about to bounce backAs industrials slide Monday, Ari Wald of Oppenheimer and Michael Bapis of Vios Advisors at Rockefeller Capital share their top rebound picks. Would that make it a dead CAT bounce?
Source: CNBC - 🏆 12. / 72 Read more »

Energy stocks plummet amid oil sell-off driven by threats of boosted production - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »