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Market Data updated
Jim Cramer
The latest analysis and commentary from Jim Cramer and TheStreet editorial team on what’s moving markets now.
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'FAANG, or FAAANG (add Apple AAPL and Adobe ADBE to the A of Amazon AMZN ) is abhorrent to most money managers who opine on stocks.'
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'The narrowness of this phase of the advance is beginning to call into question whether we have an advance at all.'
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'There are plenty of younger portfolio managers who think the banks are like Sears and JC Penney: they are old-line brick and mortar stores.'
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'The president is not trying to get the Dow to hit new highs. That was 2017’s game.'
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'There’s tons of money that knows only one thing to do when trade wars come to the fore: sell.'
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'What's odd is that those of us who follow trade knew that these tariffs were going to come into play today.'
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'You have a real hard time rallying without the fins.'
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'A simple acknowledgement in the text of the release and the conference call that something’s wrong, and it can’t be ignored, is not too much to ask.'
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'The data's too hot, the economy's growing too fast, and the Fed can't just sit back and let it unfold.'
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'Rationality dictates periodic selling. When it happens, it is not a cause for panic. '
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'So many stocks have run that might have to pull back if Jay Powell says things are too hot.'
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This decision is 'a thermonuclear hydrogen bomb blast directed at the antitrust division of the Justice Department -- and the fallout will be incredible.'