Jim Cramer “The Stock Market is Being Held Hostage”
Jim Cramer: ‘You are out of your mind’ if you have conviction in this stock market
Markets are ‘hostage to events that are not only totally out of our hands, but I think totally out of the president’s hands.’
That’s how CNBC host Jim Cramer views the recent action in the stock market, which has been vulnerable to each twist and turn of the U.S.-China trade war.
“I am describing an unfathomable market, where if you have conviction, you are out of your mind,” Cramer said Thursday. In other words, go ahead and throw everything you thought you knew about the market out the window.
Dow futures surge nearly 300 points after optimistic Trump comments on US-China trade
U.S. stock futures were solidly higher Friday morning after President Donald Trump made positive remarks on the U.S.-China trade talks.
Around 6:20 a.m. ET, Dow futures indicated a positive open of nearly 300 points. Futures on the S&P and Nasdaq were both higher.
Harley-Davidson's Electric Bike Debut Misfires
Iconic American motorcycle manufacturer Harley-Davidson (NYSE:HOG) began shipping the LiveWire electric motorcycle this week in a bid for the younger, eco-friendly market.
How Cisco's Value Can Soar By $140 Billion to 2000 ‘Bubble Era Highs'
Daryanani is upbeat about Cisco’s shift away from hardware to a software-driven model and its focus on new high-growth sectors of the market such as cybersecurity and applications.
As for Cisco’s core networking segment, the Evercore analyst is forecasting growth in the low- to mid-single digits on a percentage basis.