Stop Trading!
Cramer's 'Stop Trading!': The Good and the Bad
It's been a bad week, Cramer said, which is "why we are off the three-legged stool that is financials, oil and tech," but it does not indicate a big turn. "It's just not a great time," he said, "but that doesn't mean we've got to go into the fallout shelter. We've got to get some umbrellas."
As for tech, Cramer said that after its gigantic run, it's going to rest or fall, with two exceptions. "Technology has stabilized, albeit at lower levels," he said, "except Apple(AAPL) and Google(GOOG)." He said he feels "very strongly that those two will do OK, but I"m just not interested in having a full tech portfolio here." -- Written by Rebecca Corvino in New York.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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