Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Dow Hits Record High: Jim Cramer on What's Next for Markets

Video Credit: The Street - Duration: 01:06s - Published < > Embed
Dow Hits Record High: Jim Cramer on What's Next for Markets

Dow Hits Record High: Jim Cramer on What's Next for Markets

Let's talk about the Dow hitting a record high.

All three major U.S. stock indexes hit record intraday highs Monday as investors shifted into buying mode following a stronger-than-expected U.S. jobs report and signs of progress in U.S.-China trade talks.

Jim Cramer has some thoughts on the Dow hitting an all-time high and what that means for the markets.

"I think that the Dow's got a lot of industrials and people are saying, wait a second, if a trade deal occurs, then a lot of those industrials are going to go up.

And I think it's correct...But the fact is is that the trade talks are being led by Wilbur Ross.

He's a very practical man.

He understands exactly how the Chinese have wiped out certain industries--steel.

So he's not someone [to be] trifled with," said Cramer.

However, Real Money contributor Guy Ortmann says that the market highs aren't necessarily telling the whole story.

"The market continues to march higher and along with that positive technical events are taking place.

Yet low VIX levels and overbought stochastic readings suggest some potential for a reemergence of volatility and retracement should some negative news hit the tape," wrote Ortmann.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Recent related videos from verified sources

Jim Cramer: New Opportunities Are Just Around the Corner in 2020, Here's How to Find Them [Video]Jim Cramer: New Opportunities Are Just Around the Corner in 2020, Here's How to Find Them

You ready for some new opportunities?

Credit: The Street     Duration: 01:01Published

Jim Cramer: Cable News Is Ignoring Positive Economic News [Video]Jim Cramer: Cable News Is Ignoring Positive Economic News

Jim Cramer: Cable News Is Ignoring Positive Economic News

Credit: The Street     Duration: 01:23Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.