Jim Cramer's game plan for the trading week of Feb. 16

0 Просмотры
Издатель
"I regard this as the last official week of an earnings season that's been far, far better than anyone expected," the "Mad Money" host said. Subscribe to CNBC PRO for access to investor and analyst insights:

CNBC’s Jim Cramer, marking the end of earnings season, on Friday said the slate of major corporate reports over the past weeks were “far better than anyone expected.”

The results revealed, he said, that investors have a range of investment opportunities, barring any speculative trading that has lately confounded Wall Street professionals.

The comments come after major averages rose in Friday’s session, turning in back-to-back weeks of gains that took the market to new highs. The Dow Jones Industrial Average moved 1% higher this week to close at 3, and the S&P 500 increased to 3, The tech-heavy Nasdaq Composite outgained bot, climbing higher to 14,

After the close, Cramer said market activity has become less volatile after multiple weeks of high-volume trading.

“I like normal, because if we’re not careful, a good portion of this market might be headed down the highway to the danger zone,” the “Mad Money” host said. “A day with less froth, like today, is a day where the rally feels more sustainable. But if the cannabis cohort and the short-busters and the incredible pumping and dumping I am seeing on the web is coming back, well you know I’m going to have to get more negative.”

» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30:

Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:



#CNBC
#CNBCTV
Категория
Сериалы онлайн
Комментариев нет.
Яндекс.Метрика