to last week's U.S. hike — Cramer said Wall Street is nearly oversold and investors should get ready to load up on names that can withstand higher tariffs.
However, in light of the uncertainty around Trump's new tweets, Cramer on Tuesday advised investors to let things shake out, saying there may be a buying opportunity in stocks later in the session. In late morning trading, the S&P 500 was making up about half of Monday's losses, which had sent the index down for a total of nearly 5% from its May 1 intraday all-time high. So far in 2019, the S&P 500 has gained about 13% — and since the crushing Christmas Eve 2018 low, the index has soared more than 20%., China said it will raise tariffs, some to as high as 25%, on $60 billion in U.S.
MadMoneyOnCNBC Why I got out as soon as Trump was elected.
MadMoneyOnCNBC This is exactly why I took a break from trading about 8 months ago. All of the technicals and fundamentals could line up perfectly but you just can’t account for an incompetent idiot and his unhinged tweets and trade wars.
MadMoneyOnCNBC I know. Investors are few and far between it seems. I mean too much emotional trading
MadMoneyOnCNBC Especially since DJT is a 🤥💩 who’s corrupt cronies trade based on inside information and Trump’s 🐂💩 tweets. How many 🤥 reports has Wall Street used to pump and dump. Market is manipulative scum.
MadMoneyOnCNBC The free flow of capital will always find a way, industry has changed today, Trumps’s tweets shouldn’t impact the market, policy outcomes should, the outcome of the Obama years will soon run out and we’ll one day see what Trump’s policy brings, at this point it’s clear as mud.
MadMoneyOnCNBC Jim has been wrong every single time . At least trumps tweet works . Boo yah Jim
MadMoneyOnCNBC Where’ve you been for the past 2+ years?
MadMoneyOnCNBC Does anybody trust Cramer? Just grabbing attention. Never trust anyone that talks loud, fast, and emotional. Makes for good TV though. It panders to people who don’t know how to think for themselves.
MadMoneyOnCNBC That’s why the market is whack and nonsense
MadMoneyOnCNBC CNBC Cramer, I am sure the 2007/2008 dotcom crash also happened because of Trump. Liberal media cry babies never grow up.
MadMoneyOnCNBC Well maybe he shouldn't say this like this also this week.... fail
MadMoneyOnCNBC Agreed. I sure wish he'd shut up.
MadMoneyOnCNBC I trust BTC
MadMoneyOnCNBC You allowed it to happen.
MadMoneyOnCNBC not that its been any different for the last few years.
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Tuesday saw a 'genuine rally, and that is a bullish sign,' Jim Cramer saysThe stock market saw a broader rally than expected, and that's good news, the 'Mad Money' host says. 🙄🙄🙄 then tomorrow, he will say more go lower. Yuc. I live close to them and I can’t get into Tito’s. Where is the Cramer Sangria?
Source: CNBC - 🏆 12. / 72 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Trump no longer cares if his China policies hurt American businessesThe executive action against Chinese telecommunications giant Huawei 'was a major escalation from the White House,' Jim Cramer says. Has he ever cared? wake up Cramer! he never has and never will, dictators don't care about anything but themselves. Cramer's comments appear influenced by some Chinese incentive to speak against US interest.
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Source: CNBC - 🏆 12. / 72 Read more »
Trump lawyers adopt Jim Jordan’s playbook to fight Dem oversightThe president's lawyers are mimicking the Ohio Republican's arguments to try to thwart subpoena demands. They're ignoring sex abuse? Awesome... crooks following crooks. Always good to take advice from the cover up king I guess.
Source: politico - 🏆 381. / 59 Read more »
Cramer on CEO reaction to China trade war — some think Trump is 'stupid,' others want to stop him'There are some CEOs who think Trump is stupid and that this is all bad and it will go away in the election,' CNBC's Jim Cramer says. most need to rethink their business model They are right... Trump will break it all House of Cards, and Trump's lies are in no way glue to keep it from falling As long as CEOs think that the dragon in the Pooh Bear suit is harmless, random statements will be the order of the day.
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The Trump campaign doesn't want this pro-Trump super PAC's helpThe Trump campaign is continuing its unprecedented fight to ensure the president's deep-pocketed supporters know that there’s only one approved pro-Trump PAC in 2020. Oh, he was stroking white supremacists. Better headline 'Trump SAYS......' Because we know Trump is lying... like always. B.S. Trump wants them to spend money on him. He lies.... a lot.
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Cramer Remix: InterActiveCorp is inexpensive here and is a buy right hereJim Cramer says he doesn't understand why IAC is trading at current levels after reporting an amazing quarter.
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Trump pardons ex-media mogul Conrad Black, who wrote flattering biography of TrumpPresident Trump pardons ex-media mogul Conrad Black, who wrote flattering biography entitled 'Donald J. Trump: A President Like No Other'. Keep draining that swamp Donald. Good for him. Just here to read the leftist crying
Source: NBCNews - 🏆 10. / 86 Read more »
Author of flattering Trump biography gets pardon from TrumpWASHINGTON (AP) — President Donald Trump on Wednesday granted a full pardon to Conrad Black, a former newspaper publisher who has written a flattering political biography of Trump. You've chosen such an unfair, distracting headline such that your editor needs a deliberate and factual re-education of basic journalism. Pssst ... He's also a white supremacist
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