Situational Awareness hedge fund collapse cleared tech selling, Cramer says
Jim Cramer said the fund’s forced unwind removed a seller from tech stocks, though the link to the rally remains his market view.
Markets Writer
Maya breaks down the day's market action for people who don't stare at a Bloomberg terminal: what moved, why, and what it means for a normal portfolio.
Jim Cramer said the fund’s forced unwind removed a seller from tech stocks, though the link to the rally remains his market view.
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An earnings call is a company presentation on recent results and outlook, usually followed by questions from analysts.
Cramer’s Aug. 4 watch list focused on lower oil, a possible S&P 500 record and earnings moves from Caterpillar to Pfizer.
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Cramer said he wants to add back to the Club’s Corning stake after prior trims and a 45% July pullback, though no completed trade...