Cramer urges investors 2 buy stocks....wow, after a 1 day sell off.

[S2007S]

Why is that stocks can be considered oversold in a few days or a week but can never be considered overbought after years of gains?

The s&p is down ONLY 5% and Cramer is urging people to BUY stocks?
Does he believe the spy nasdaq and dow jump to fresh historic highs in the next month or two?
The dow is actually down just 3.5% and spy around 5%, hardly a sell.off considering how much these indexes have rallied since end of 2023.




Jim Cramer urges investors to buy stocks as the market sinks in worst day in 2 years
PUBLISHED FRI, AUG 2 202412:10 PM EDTUPDATED 5 HOURS AGO
thumbnail
Paulina Likos
@PAULINA_LIKOS

 

[Sergio123]

Does he believe the spy nasdaq and dow jump to fresh historic highs in the next month or two?

I would not be surprised if they are before the end of the year.

 

[S2007S]

I would not be surprised if they are before the end of the year.

This volatility can surprise most into thinking a few weeks of a sell off could mean a long downward trend but as of late most 4, 5 6 7 10% sell offs have only led to higher stock prices only months later. ...

 

[maxinger]

When he says

investors 2 buy stocks,

then

investors 3 or 4 sell stocks.

 

[RedDuke]

Cramer is amazing contrarian

 

[punktrader]

I don't give a fuck what Cramer says. I am long NVDA on Friday lol.

 

[S2007S]

I don't give a fuck what Cramer says. I am long NVDA on Friday lol.

You didn't even give it a chance to break 100!

 

[punktrader]

You didn't even give it a chance to break 100!

Obvious mistake. The price is always right.

 

[S2007S]

Obvious mistake. The price is always right.

Interesting....So Monday 110 plus before sub 100

 

[Coin Flip]

I am forever grateful to Cramer because in that one interview he honestly explained how hedge funds truly operate: manipulating futures markets and contacting reporters at the WSJ to publish news to pump their positions.