Cramer’s Stop Trading: Nasdaq

>>> TIME FOR JIM AND STOP TRADING. >> OKAY. THERE'S A COUPLE OF THINGS THAT HAVE BEEN VERY NEGATIVE THAT WE HEARD THIS MORNING. HOW ABOUT A REAL POSITIVE. THE NASDAQ UPGRADED FROM SELL TO BUY AT BANK OF AMERICA. YOU CAN ARGUE WAIT A SECOND, WHAT ARE THEY DOING WITH A SELL GIVEN THE FACT THAT STOCK HAS BEEN UP? ALL THE WAY UP. YOU HAVE AN IPO FLYWHEEL OCCURRING AND YOU HAVE HIGH MODES. DO I WANT TO BUY THE STOCK AT A 52 WEEK HIGH? NO. BUT I POINT OUT THERE ARE THINGS WE REMEMBER ARE WORKING. AND THAT IT'S NOT A MARKET WIDE SELLOFF AND IT WASN'T YESTERDAY EITHER. THERE'S JUST A LOT OF PEOPLE FLEEING YOU CAN SAY ECONOMIC SENSITIVE, WHICH IS TRUE. BUT FLEEING WHAT PEOPLE FEEL IS TOO CROWDED. HOW MANY TIMES HAVE WE WRITTEN OFF THE HYPER SCALERS? SOMEONE CAME OUT TODAY AND SAID AMAZON PRIME LOST ITS ALERT. I'VE DONE A HUGE AMOUNT OF WORK, THEY HAD A MONSTER PRIME DAY. THESE ARE PEOPLE WHO TEL

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