Publish date:

Jim Cramer: I Don't Trust This Stock Market Rally

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer doesn't trust the stock market gains on Thursday.
Author:

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer doesn't trust the stock market gains on Thursday.

"The financials are not part of it," Cramer said. "It looks more like a FANG rally again, which is not what you really want. You want a rally that's broad based."

FANG is an acronym that Cramer coined - it stands for Facebook (FB) - Get Facebook, Inc. Class A Report , Amazon (AMZN) - Get Amazon.com, Inc. Report , Netflix (NFLX) - Get Netflix, Inc. (NFLX) Report and Alphabet/Google (GOOGL) - Get Alphabet Inc. Class A Report .

TheStreet Recommends

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!