Cramer Remix: If the dollar peaks, it could be positive for your portfolio

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Jim Cramer takes a look at the charts to see if the U.S. dollar could weaken and why that could benefit the market.

The dollar could soon peak and that would translate to a positive for portfolios, CNBC's Jim Cramer said Tuesday citing technician Carley Garner.

A strong currency brings many benefits, but there is a lot of harm that comes with it, the host said.Dick's Sporting Goods"dropped the bomb" in its earnings call that has hurt a number of retail stocks as of late and investors should refrain from buying shares, Cramer said. That includes a"very special relationship" with Amazon Web Services where his firm built compute storage and networking capabilities natively to Amazon called VMware Cloud on Amazon, he said. VMware has also teamed up with companies overseas like Vodafone and Ericsson to build cloud infrastructure for telecommunication clouds.

CEO Rob Bernshteyn told the host that Coupa is streamlining virtual credit cards that can help companies better track corporate spending. "These days the semiconductor companies have their tentacles in everything," the host said."These days, in the new global economy dominated by data, the semiconductor stocks punch well above their weight, just like housing."In Cramer's lightning round, the"Mad Money" host zipped through callers' questions about stock picks.

Source: News Formal (newsformal.com)

 

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For the love of god

This is the same guy that said “...just two have come down” when discussing the Boeing 737 Max. 🤦‍♂️💋

For two years Cramer has been hoping for a weaker dollar.

dollar is at healthy level as of now. Remember $AAPL missed their sales mostly due to a strong $

Why is this guy still on ? He's a joke.

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