May 20, 2024

Jim Cramer: 'We are definitely in a bull market'



Published June 21, 2023, 9:20 a.m. by Violet Harris


Jim Cramer gives a rapid-fire update on Big Tech stocks in the cnbc Investing Club’s portfolio. Watch a quick video from the Club’s Monthly meeting. To join the Club, here’s a special offer so you can get access to all of Jim’s market insights and a head start on all trades made by the Club. https://cnb.cx/3NwBEx0

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and while we remain committed that we

are definitely in a bull market we are

not unaware the tape has gotten so

frothy that on one story about United

Health having some cost issues with

voluntary electric surgery the stock of

Humana a great company

has fallen 13 that's a notable sign

that's a wake-up call it's a sign that

the conviction on this move up is not

nearly as deep as you think it is

consequently our bias has been to sell

and believe me I would like to sell more

than we have but the selling is taking

our cash position down about 8.85 or 247

thousand dollars which is pretty darn

Hefty it's high even though we aren't

negative on the long term you see when

it hurts

to do something

historically that means it's the right

thing to do

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