The market "looks high," said Jim Cramer on Wednesday's "Stop Trading!" segment on CNBC. "I doesn't look ugly. It looks high."
He said that people are forgetting "the greatness that will come from lower gasoline, which was a better stimulus than any check you get from the government." Also, he said, while the upcoming earnings season "might not produce big revenues," there could be some earnings surprises.
Cramer said that people are letting negative "emotions coming from Washington" affect their thinking, which in turn sends the market lower.
He offered up a few ideas, starting with Ruby Tuesday(RT Quote). "I know that's very micro, but it's a place I like to eat," he said. It has a "good salad bar" and "much better earnings." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.00 | 1,107.93 | 2,201.05 | 36.03 |
Oil *
72.08
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DOWN
49.05
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DOWN
6.18
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DOWN
11.05
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UP
0.57
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10 Yr
3.60%
SPDR Gold
110.21
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|
-0.47%
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-0.55%
|
-0.50%
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+1.61%
|
Data delayed 20 minutes |


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