Charts suggest the S&P 500 is at a make-or-break moment, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

'The charts, as interpreted by Jessica Inskip, suggest that we’re at an important moment where the S&P 500’s found an equilibrium,' he said.

CNBC’s Jim Cramer on Wednesday said that the benchmark S&P 500 is at a crossroads, poised to either tumble further or roar higher.

CNBC's Jim Cramer on Wednesday said that the benchmark S&P 500 is at a crossroads, poised to either tumble further or roar higher. The S&P 500 fell to its lowest level in about a month, while the Nasdaq broke a seven-day streak of gains. Inskip notes that the ceiling has never been breached even after powerful rallies from the last two earnings cycles, he added.

 

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

If charting was accurate its practitioners would be on the beach right now counting their money. ROIC drives ultimately stock prices.

Duh

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

United States Latest News, 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 warns investors not to panic sell reliable stocksJim Cramer warned investors not to let Tuesday's losses scare them into exiting their positions in steady, dependable stocks. Sell!!!!! 🤡 More downside is coming.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer explains why investors should bet with the Federal Reserve, not against itCramer said investors shouldn't exit the market after the losses in Tuesday's trading session. How about exiting the system that steals from you? Bitcoin Jim Cramer sucks 🐓from the back and wonders how he got 💩on his nose.
Source: CNBC - 🏆 12. / 72 Read more »

Watch Jim Cramer's full interview with Darling Ingredients CEO Randall StueweCramer interviewed Darling Ingredients CEO Randall Stuewe on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the market Wednesday: Inflation cools, Microsoft, AppleAhead of Wednesday's session, the Nasdaq kept its rally going, now at seven straight sessions. Jim, under what scenario will the Reits look like a buy?
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's Investing Club meeting Wednesday: Stick with P&G, Morgan Stanley, Microsoft layoffsInvesting Club: 3 investing lessons from the Club’s meeting Wednesday: Stick with P&G, Morgan Stanley, Microsoft layoffs
Source: CNBC - 🏆 12. / 72 Read more »

Man hospitalized in San Antonio after being dragged 500 feet on street in Rio Grande ValleyA man is receiving reconstructive surgery in a San Antonio hospital after he was dragged on pavement hundreds of feet behind a truck.
Source: ksatnews - 🏆 442. / 53 Read more »