{"id":8343,"date":"2022-06-17T17:08:34","date_gmt":"2022-06-17T22:08:34","guid":{"rendered":"http:\/\/blog.jlbn.net\/?p=8343"},"modified":"2022-06-19T14:41:29","modified_gmt":"2022-06-19T19:41:29","slug":"hold-off-on-buying-stocks-until-the-market-slows-down-jim-cramer-cautions","status":"publish","type":"post","link":"http:\/\/blog.jlbn.net\/?p=8343","title":{"rendered":"Hold off on buying stocks until the market slows down, Jim Cramer cautions"},"content":{"rendered":"\n<ul><li>CNBC&#8217;s Jim Cramer on Thursday warned investors to wait for the market to stabilize before doing some buying.<\/li><li>&#8220;You don&#8217;t fight the Fed, and you don&#8217;t fight the tape, which is heavily influenced of course by the Fed. This tape says everything is vulnerable,&#8221; the &#8220;Mad Money&#8221; host said.<\/li><\/ul>\n\n\n\n<p>CNBC&#8217;s Jim Cramer on Thursday warned investors to wait for the market to stabilize before doing some buying.<\/p>\n\n\n\n<p>&#8220;You don&#8217;t fight the Fed, and you don&#8217;t fight the tape, which is heavily influenced of course by the Fed. This tape says everything is vulnerable, again something that&#8217;s highly unusual because there should be a bunch of areas that have stabilized,&#8221; the &#8220;<a href=\"https:\/\/www.cnbc.com\/mad-money\/\">Mad Money<\/a>&#8221; host said.<\/p>\n\n\n\n<p>&#8220;As much as the Fed wants a slower economy and even a lower stock market, the repricing of all equities is creating some opportunities. But until things slow down with the tape, those opportunities would and could lead to more pain,&#8221; he added.<\/p>\n\n\n\n<p>All three major indices&nbsp;<a href=\"https:\/\/www.cnbc.com\/2022\/06\/15\/stock-market-futures-open-to-close-news.html\">declined on Thursday<\/a>, reversing the gains made after the Federal Reserve announced a 75-basis-point rate hike on Wednesday. The Nasdaq and S&amp;P 500 fell deeper into bear market territory, and the Dow Jones Industrial Average traded below 30,000 for the first time since 2021.&nbsp;<\/p>\n\n\n\n<p>Cramer said that there are companies whose numbers he isn&#8217;t worried about, listing&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/AMD\">AMD<\/a>,&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/AVGO\">Broadcom<\/a>,&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/KR\">Kroger<\/a>&nbsp;and more as companies that are getting wrongly pummeled in the current market.<\/p>\n\n\n\n<p>However, he warned investors to stay away from pandemic-era winners whose losses seem to have no end, listing names including&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/DASH\">DoorDash<\/a>,&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/ABNB\">Airbnb<\/a>,&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/ETSY\">Etsy<\/a>&nbsp;and more.<\/p>\n\n\n\n<p>&#8220;If these were crummy companies with no hope to ever turn a profit, then these declines would make sense. \u2026 That said, these stocks are kryptonite here,&#8221; he said.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC&#8217;s Jim Cramer on Thursday warned investors to wait for the market to stabilize before doing some buying. &#8220;You don&#8217;t<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[254,3421,3422],"tags":[888,3425],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8343"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8343"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8343\/revisions"}],"predecessor-version":[{"id":8344,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8343\/revisions\/8344"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8343"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}