Jim Cramer on the market pull-back: Don't miss the sale

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

News News

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

CNBC’s Jim Cramer told investors that losses are an inevitable part of trading, saying that Wednesday’s sell off isn’t unexpected after weeks…

CNBC's Jim Cramer told investors that losses are an inevitable part of trading, saying that Wednesday's sell off isn't unexpected after weeks of record highs.

"Stocks have made so many parabolic moves of late that I'm actually glad they're coming down," he said."Stocks can't forever go up in a straight line."Dow Jones Industrial AverageTo Cramer, the market is prone to pullbacks,"often indiscriminate pullbacks," after consecutive up days. He compared the market to a garden, saying that while sun is necessary for growth, rain is equally important.

"Nobody knows how long the sale will last, so don't miss it," Cramer said."Things might be back to full price in a few days, maybe a week or even two."personal finance 36-year-old's Etsy side hustle brings in up to $54,000 a month, takes 10 hours a week — it paid off her student loan debtPresident Joe Biden has forgiven student debt for over 1 million public service workers—see how many in each state

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:

 /  🏆 288. in US
 

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

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.

Jim Cramer: Don't Get Caught Up In Downgrades, Stick With Solid CompaniesCNBC's Jim Cramer advises investors to ignore Wall Street's trading frenzy and focus on holding onto strong companies, even if their prices fluctuate. He specifically addressed the recent downgrade of Amazon by Wells Fargo, arguing that the company has a history of overcoming challenges.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer explains why the Magnificent Seven have lasting strength in the marketThe Magnificent Seven includes Amazon, Alphabet, Apple, Microsoft, Nvidia, Meta and Tesla.
Source: NBCLA - 🏆 319. / 59 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street was muted Tuesday after more record closes for the S&P 500 and the Dow.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer explains why investors should wait out ‘sloppy' post-earnings tradingCNBC’s Jim Cramer pointed to ASML, a semiconductor company that saw shares plunge after it posted discouraging earnings a day earlier than expected.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayRiding the chip and broad tech stock rally, Wall Street was heading for a higher open.
Source: CNBC - 🏆 12. / 72 Read more »