Do the markets have more to worry about than a case of the Monday's? 

 TheStreet founder and Action Alerts Plus portfolio manager broke down this morning's market action from the floor of the New York Stock Exchange. 

Cramer noted that in the current economic environment under Fed chair Jerome Powell, there's simply no reason to buy popular stocks including flailing Dow component Apple (AAPL - Get Report) or Real Money's stock of the day Home Depot (HD - Get Report) . 

"We have kind of the worst of all worlds right now," Cramer said. 

Want more exclusive advice from Jim? Be sure to tune in to his upcoming Action Alerts Plus members-only call on November 14. Trial the club here.