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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: bull_dozer who wrote (61506)	6/7/2022 2:52:58 PM
From: bull_dozer	Read Replies (1) of 97605

Jim Cramer says to buy the dip in oil stocks, stay away from everything else CNBC’s Jim Cramer on Monday said the only stocks investors should be buying the dip on are oil names. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at least, is the dip in oil. Everything else is, as they now say in a damning way, transactional and nothing more,” the “Mad Money” host said. Cramer said that there have been several stock disappointments in the market recently that made him wary of nonoil names. He noted that shares of AMD fell days before its analyst meeting on Thursday, and he expects Apple analysts to downgrade the iPhone maker’s stock if its Worldwide Developers Conference struggles to excite the “raging bears.” cnbc.com

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