Get ready to pull the trigger on these stocks — 'We're almost in oversold territory,' Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Get ready to pull the trigger on these stocks — 'We're almost in oversold territory': Cramer

. The stock dropped 5.8% during the session.

"Either way, you don't need to worry about agriculture as it's the most heavily subsidized industry in America," Cramer said. "We treat our farmers like China treats its manufacturers — we prop them up and protect them against foreign competition." "Our manufacturing base for that stuff was wiped out ages ago. China in particularly already destroyed the American glove industry," he said.The thing is, most investors don't seem to realize that our trade war with China doesn't have much in common with past trade wars, " he said. "Why? Because we simply don't sell that much stuff to the Chinese. Why? 'Cause they won't let us.

But Trump has more ammo in the escalating trade war. He is considering slapping another 25% tariff on $300 billion worth of additional Chinese goods. Cramer expects Trump to put additional duties on the books within the next six months and force companies to pay for doing business in China.

 

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

Bahaha if Cramer says it, do the opposite. See: Bear Stearns and more recently LYFT.

Nothing new on this list of “over sold” big caps. No news here

As a licensed Market Analyst.I noticed trends and tendencies, and I do so effortlessly.Because I have the body of data to do so. But let me say this. I would not be surprised if the President is trading on the downward trend of the Negative Market which he intentionally created.

The great exodus to Bitcoin has started. Welcome to the new world order

just be smart and buy gold and silver and wait to see how this plays out. My guess is a blood bath this week.

Cramer crash

Famous last words

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Jim Cramer swaps Twilio for Red Hat in his 'cloud kings' group of hot tech stocks'I'm not going to tell you that it's cheap, but I'd much rather own Twilio than these shiny new objects,' Cramer said. Calling out my buy from the AM. $TWLO.....but I also sold some into the close.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: These stocks were 'far more ready' for Trump's tariff hikes than investors realized'They've made a lot of the necessary adjustments,' Jim Cramer says. Yeah because they already have perfected passing the cost on to the consumer. Hey, remember when Cramer lied about the pending Bush Recession? It is more failure by Trump.
Source: CNBC - 🏆 12. / 72 Read more »

Lyft is tanking as Uber gets ready to make its stock-market debutLyft shares were sliding on Friday morning as traders readied for rival Uber's initial public offering.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Investors pull more than $20 billion from stocks on 'trade deal trauma': BAMLGlobal equities have seen outflows of $20.5 billion in the past week as 'tr... wow
Source: Reuters - 🏆 2. / 97 Read more »

'Trade deal trauma' sees investors pull $20 billion from stocks in a weekInvestors pulled more than $20.5 billion from global equities in the past week, showing the impact of trade tensions between the U.S. and China on confidence in financial markets. At rapid speed hackers are attacking and braking into exchanges to steal what ever they can. Be smart buy best hardware wallet on the market at discounted price Yea, a great buying opportunity now too.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer says companies still in China are being told they have only themselves to blamePeople are saying that companies that didn't reduce their China exposure yet are the ones at fault, CNBC's Jim Cramer reports. that's what I believe . I remind you that China was the wold savior after the GFC liberty I love Jim (James) Cramer.
Source: CNBC - 🏆 12. / 72 Read more »