Jim Cramer said TheStreet Live he did not like the look of the markets on Thursday as the Nasdaq continued to rally in intraday trading as the 10-year Treasury rate fell.
“I’m worried about this market because the wrong stocks are going up,” Kramer said.
Think of TheStreet Live Thursday with Jim Kramer and Katherine Ross in the video above and be sure to check out TheStreet Live. every weekday at 10:30 am ET:
Are we in a two-headed market? Well, this is Jim Cramer’s current thesis on the market.
“Roku vs. Cat! Okay, this isn’t King Kong vs. Godzilla, the only real box-office hit this year, but when it comes to stocks, it could be just as it will be, ”Kramer wrote in his book. Real money column. “Each market has a color, an action that embodies it, designates and defines it. However, there are two heads in some markets, and this market has two of the most ridiculously sharp two heads I can remember – Caterpillar (CAT), a huge engineering company, and Roku (ROKU), a box that makes staying at home and viewing non-linear. television is so fascinating. “
“I know that we speak as if there are two markets: the market for freedom, where we go to the movies, or have lunch, or get on the plane again to travel again, and the market in the prison, where we ride our pelotons “. (PTON) and cook with our Conagra (CAG), wiping the kitchen and bath with Clorox (CLX) wipes, but this is actually a false dichotomy when it comes to what’s next, ”he continued.
Looking for hybrid pieces
Start looking for hybrid pieces, advises Jim Kramer.
“Investors need to get used to the word hybrid,” Jim Kramer told Mad Money viewers on Wednesday. Instead of playing the vaccination guessing game and trying to pick stocks that do well after vaccinations, stick with hybrid stocks that win either way, “wrote Streets Scott Rutt in his Crazy money Summary.
Kramer said there aren’t many stocks that do well in the hybrid world, but when you spot them, you’ll need to take a big step forward or go home. For example, if you are locked at home or having fun at home, you are likely to spend money on your home. This means that now is the perfect time for promotions like Home Depot (HD) – Get the report and Lowe (LOW) – Get a report, as well as items that are in these stores, for example, Stanley Black & Decker (SWK) – Get a report.
Nobody is safe from a shortage of semiconductors?
According to Nikkei Asia, some Apple production (AAPL) – Get a report The release of the Macbook and iPad has been delayed due to a global semiconductor shortage.
Sources told the Nikkei that chip shortages have led to delays at a key stage in MacBook production – installing components onto printed circuit boards before final assembly. Some iPad builds have been delayed due to a lack of displays and display components, according to sources.
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