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Jim Cramer: You Can't Invest Based on the Number of Coronavirus Infections

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Jim Cramer weighs in on the number of coronavirus infections.

15,000 new cases of the coronavirus were announced Wednesday, which brings the total to 59,000.

Another 242 deaths were announced Wednesday.

This could, however, be due to the change of the diagnosis method, since the spike in cases came after officials started to use new technology to diagnose cases. But, either way, it raises the question about the scale of the epidemic in China.

Health officials using computerized tomography techniques confirmed more than 15,000 new cases of the virus - known as Covid-19 - in Hubei province, where the disease was first identified. That boosted the cases in the province to just under 50,000 and China's nationwide total to around 60,000, reported TheStreet's Joseph Woelfel.

And the United States announced its 15th case of the coronavirus. 

Cramer weighed in on the coronavirus and why investors should be careful to not trade on the headlines. 

Watch the full video above for more.

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