Jim Cramer turns cautious on stocks as bull market pillars weaken
By
Alexa LoMonaco
2h ago· 3 min readenNews
85/100
Golden Brown
Bagelometer↗
The bagel they save for the regulars. Don't skim, savour.
Score85TypenewsSentimentnegative
Summary
CNBC's Jim Cramer has turned significantly more cautious on stocks, stating he is "not that bullish" and advising investors to wait for a better buying opportunity. His caution stems from several key pillars of his bullish outlook coming under pressure: a strong jobs report reducing the likelihood of Fed rate cuts, the looming SpaceX IPO, weakness in Apple stock, and the prospect of additional AI-related fundraising raising questions about market sustainability.
Key quotes
· 3 pulledI am not that bullish.
My bullishness can wait.
I think you will get a better time to buy than right now.
CNBC's Jim Cramer said that he's becoming more cautious on stocks after several pillars of his bullish outlook have come under pressure.
