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https://www.thestreet.com/jim-cramer/let-things-cool-off-cramers-mad-money-recap-april-6
Don’t be fooled by today’s record-setting rally, Jim Cramer cautioned his Mad Money viewers Monday. Until we see a peak in unemployment, the stock market will be held hostage by the whims of exchange-traded funds, Cramer said, and even strong rallies like today aren’t likely to translate into earnings per share.
Traders will continue to buy and sell based on the headlines of the day, Cramer said, but investors need to stay focused on what matters — the state of our economy. He said it would be a mistake to buy stocks after Monday’s strong move, even with your 401(k) or retirement money. Today’s gains are likely to vaporize on the next wave of bad news — and that might be the time to pounce.
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Cramer said he’ll be more bullish when we have more Covid-19 testing and less fear of getting sick, but it will be a peak in unemployment that will truly signal when the bull is back.그러하다.