Stocks pointed to a rebound in early trading Tuesday after Monday saw the Dow plummet more than 800 points.
“When we get the pullback, we don’t say we want a bigger pullback,” Cramer said.
Giving non-members a sneak peek of the latest moves over on Action Alerts PLUS, Cramer disclosed that his investing club took Monday’s selloff as an opportunity to pick up shares of Wynn Resorts (WYNN) - Get Report and Morgan Stanley (MS) - Get Report.
Buying into weakness is among the core values of Action Alerts PLUS, Cramer added, explaining that when the markets are down big, the club commits about 1% of its cash to adding to names of the shopping last.
Want to be ahead of the game the next time Cramer is dropping exclusive info to Action Alerts PLUS members?
Join AAP just in time for Cramer’s members-only monthly call live on Wednesday, July 21 at 11:30 a.m. Cramer will be reviewing his entire charitable portfolio and, most importantly, he’ll be taking your questions.
Here’s how to watch.
Recap TheStreet Live: Everything Jim Cramer Is Watching 7/20/21