Stock Market Thursday: Jim Cramer Shares Why Stocks May Fall

Here's the latest stock market news including premarket movers like Ford, buy-the-dip candidates and advice from Jim Cramer including Snap, Netflix and Boeing.

Stocks are falling Thursday after news that Biden will seek a higher capital gains tax on the wealthy. The Dow is down over 250 points and the Nasdaq is down over 100 points amid trading. 

Jim Cramer has a message to investors who became retail investors in the past year: The time of stocks just going up has ended. We're back to the market that baffles and you can blame the bond market.

Cramer shared in his Real Money column from Wednesday how investors should be playing the market with the reminder that for the time being, stocks won't keep going up. Many stocks are near all-time highs and it might make sense to start trimming.

Here is a recap of TheStreet's coverage for Thursday, Apr. 22:

5 Things You Must Know Thursday

  1. Stock Futures Fall as Wall Street Eyes Earnings and Virus Resurgence
  2. Credit Suisse Posts Loss From Archegos Meltdown
  3. Thursday's Earnings Calendar: AT&T, Intel and Snap
  4. Digital Sales Surge Boosts Chipotle Profit
  5. Ford to Extend Downtime at U.S. Plants Amid Chip Shortage

Premarket Movers Thursday

  1. Teradata  (TDC) - Get Report | Increasing +29.26%
  2. AT&T  (T) - Get Report | Increasing +3.75%
  3. Ford Motor  (F) - Get Report | Increasing +2.39%
  4. American Airlines  (AAL) - Get Report | Increasing +2.62%
  5. Southwest Airlines  (LUV) - Get Report | Increasing +2.39%

AT&T added nearly 600,000 wireless subscribers, along with 2.7 million new additions to its HBO Max streaming service, helping boost its bottom line past Wall Street forecasts.

Market Movers Amid Trading Thursday

  1. Lam Research  (LRCX) - Get Report | Decreasing -3.64%
  2. Equifax  (EFX) - Get Report | Increasing +15.95%
  3. Danaher  (DHR) - Get Report | Increasing +3.62%
  4. SolarEdge Technologies  (SEDG) - Get Report | Increasing +8.20%
  5. Coinbase Global  (COIN) - Get Report | Decreasing -4.99%

Cramer shared why he is watching Lam Research on Thursday and why its performance is important to the overall market.

Here is a recap of the latest stock market action including the top stock gainers, buy-the-dip candidates, volume leaders and advice from Jim Cramer from Wednesday, Apr. 21.

Top Stock Gainers on Wednesday

  1. Wellbilt  (WBT) - Get Report | +44.47% Increase
  2. Skillz  (SKLZ) - Get Report | +33.55% Increase
  3. Fisker  (FSR) - Get Report | +17.17% Increase
  4. Luminar Technologies  (LAZR) - Get Report | +15.22% Increase
  5. OpenDoor Technologies  (OPEN)  | +11.37% Increase

TheStreet looked at the top electric vehicle companies on Thursday including which companies could be competitors to Tesla. Cramer said if everything goes right Fisker could be the next Tesla.

Buy-the-Dip Candidates

  1. Netflix  (NFLX) - Get Report | -7.40% Decrease 
  2. Peloton Interactive  (PTON) - Get Report | -8.53% Decrease
  3. Halliburton  (HAL) - Get Report | -6.59% Decrease 
  4. Spotify Technology  (SPOT) - Get Report | -5.48% Decrease 
  5. Oracle  (ORCL) - Get Report | -5.45% Decrease

While many investors were quick to sell the reported weaker-than-expected results by Netflix that included a slowdown in subscriber growth, Cramer said he's taking the other side of the trade, and giving Netflix the benefit of the doubt.

Wednesday Volume Leaders

  1. Skillz  (SKLZ) - Get Report | 6,105,62 Shares Traded
  2. AT&T  (T) - Get Report | 3,021,478 Shares Traded
  3. American Airlines  (AAL) - Get Report | 2,123,662 Shares Traded
  4. Fisker  (FSR) - Get Report | 1,780,241 Shares Traded
  5. Ford Motor Company  (F) - Get Report | 1,275,225 Shares Traded

ARK Investment active ETFs added over 5 million shares of Skillz on Wednesday.

Best of Jim Cramer for Thursday

Morning Bell: Cramer discussed Apple's "Spring Loaded" event, semiconductor equipment maker ASML Holding and back-to-back selloffs in the market.

Stock Market Today: Cramer shared how to trade Netflix after earnings, the CFO's departure at Boeing and markets on Wednesday.

Mad Money Recap: Cramer told Mad Money viewers why the FAANG stocks get the benefit of the doubt, and why they deserve it.

Lightning Round: Cramer told viewers why he is bullish on Snap  (SNAP) - Get Report, Boston Scientific  (BSX) - Get Report and Cleveland-Cliffs  (CLF) - Get Report.

Jim Cramer Live: Cramer and Katherine Ross talked about Netflix, Boeing  (BA) - Get Report, ASML Holding  (ASML) - Get Report, and market rotations.

Ford, Boeing, and Apple are key holdings in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells the stock? Learn more now.