«It’s a textbook example of why panic is not a strategy, unless you’re deliberately trying to lose money,» CNBC’s Jim Cramer said after stocks rallied Tuesday.
CNBC’s Jim Cramer on Tuesday delivered a lesson to investors in light of the stock market’s recent move higher after a rough patch filled with Covid omicron worries. The «Mad Money» host’s comments came after Wall Street turned in another strong session to start the trading week, led by the tech-heavy Nasdaq ‘s 3% jump. «It’s a textbook example of why panic is not a strategy, unless you’re deliberately trying to lose money,» Cramer said, referring to the advice he issued after the close on Nov.29. On Tuesday, the broad S&P 500 rose 2.07% and now sits about 1% away from its record high.
