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Something has gone awry in market: Cramer
CNBC ^
| Jim Cramer
Posted on 10/23/2013 5:01:52 PM PDT by Steve40K
Edited on 10/23/2013 5:02:56 PM PDT by Admin Moderator.
[history]
There's a trend underway in the market and Cramer doesn't like it.
Although the Dow Jones and S&P only closed modestly lower, it's what moved the market that concerns Cramer.
"Cyclicals, especially the oils were laid to waste on Wednesday, while consumer product stocks roared higher," Cramer noted.
(Excerpt) Read more at cnbc.com ...
TOPICS: Business/Economy
KEYWORDS: client9; cramer; crook; jimcramer; stockmarket
I just read this story by Jim Cramer who is known to be a liberal. Although the GOP is not mentioned directly, is this the narrative will get if/when another economic meltdown occurs? I'm sure the usual suspects would be much more biased and partisan in their analysis.
1
posted on
10/23/2013 5:01:52 PM PDT
by
Steve40K
To: Steve40K
The end is near. Take precautions.
2
posted on
10/23/2013 5:03:35 PM PDT
by
montag813
(NO AMNESTY * ENFORCE THE LAW * http://StandWithArizona.com)
To: Steve40K
Two possible explanations for this story. Both could be true:
1. Slow news day.
2. Market correction.
To: montag813
Earth to Cramer...It all “went awry” when the radical left got in the White House, numbnuts!
4
posted on
10/23/2013 5:13:05 PM PDT
by
Route395
To: Route395
Oh it started before then. It started when the radical left took over Congress in 06.
5
posted on
10/23/2013 5:16:46 PM PDT
by
Lurkina.n.Learnin
(If global warming exists I hope it is strong enough to reverse the Big Government snowball)
To: Steve40K
Unfortunate choice of word from Cramer. The Chinese economy developing ‘chinks’.
6
posted on
10/23/2013 5:17:49 PM PDT
by
SargeK
To: Steve40K
Inflation powers nonproductive government compensation, and makes consumer goods in high demand.
Productive industry demands oil, and production is harrassed, taxed, punished, and penalized, so oil prices go down, despite the great productivity of that sector.
It can’t go on forever.
Hold on honey, its going to be a bumpy ride!
7
posted on
10/23/2013 5:19:58 PM PDT
by
donmeaker
(The lessons of Weimar will soon be repeated.)
To: Steve40K
0 lost the Saudis and OPEC and oil prices took another dive. The dollar is attached to oil which makes it precarious. Obama lifting sanctions on Iran could cause the oil market to drop quite a bit as Iran tries to gain lost customers. The will might try revenge against OPEC/Saudis over political/religious differences. Lower gas prices could pick up the economy by allowing more individual transportation. If It had been summer vacation travelers would really boost the economy. If the stock market is in a bad position for oil to drop they could lose a bunch of stocks.
8
posted on
10/23/2013 5:21:02 PM PDT
by
mountainlion
(Live well for those that did not make it back.)
To: mountainlion
Either way is is Bushes fault.
9
posted on
10/23/2013 5:21:56 PM PDT
by
mountainlion
(Live well for those that did not make it back.)
To: SargeK
10
posted on
10/23/2013 5:33:49 PM PDT
by
ClearCase_guy
(21st century. I'm not a fan.)
To: Steve40K
He isn’t that liberal anymore.
11
posted on
10/23/2013 5:34:55 PM PDT
by
erlayman
To: Steve40K
EVERY bad thing is going to be the Tea Party’s fault from now until the election.
The 2014 elections will be the media’s hardest fought election ever.
12
posted on
10/23/2013 5:40:41 PM PDT
by
mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
To: Steve40K
Jim Cramer can call Nancy Pelosi and her congress a bunch of Marxists and in the same damned half hour show praise Obama..........he is not to be trusted....
13
posted on
10/23/2013 5:41:33 PM PDT
by
C. Edmund Wright
(Tokyo Rove is more than a name, it's a GREAT WEBSITE)
To: Steve40K
My guts says that the petrodollar is in a fight for its life right now. There are powerful global forces aligning against it. There’s a currency war going on and most Americans are oblivious.
14
posted on
10/23/2013 6:04:00 PM PDT
by
RC one
To: Steve40K
Is this the same Cramer that was completely blind-sided by the 2008 market crash?
15
posted on
10/23/2013 6:10:47 PM PDT
by
Arm_Bears
(Refuse; Resist; Rebel; Revolt!)
To: RC one
“most Americans are oblivious”
Surely you repeat yourself.
16
posted on
10/23/2013 6:46:40 PM PDT
by
bicyclerepair
(The zombies here elected alcee hastings)
To: Steve40K
I wouldn't listen to Jim Cramer’s advise even on buying a pair of socks.
17
posted on
10/23/2013 6:51:28 PM PDT
by
The Cajun
(Sarah Palin, Mark Levin, Ted Cruz......Nuff said.)
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