Anonymous ID: 0a3a10 Nov. 16, 2018, 11:04 a.m. No.3928484   🗄️.is 🔗kun

Take this only as what is being presented

https://finance.yahoo.com/m/1bf0e618-0e5a-3264-8608-f24968d25999/cnbc%E2%80%99s-jim-cramer-says-stock.html

 

CNBC’s Jim Cramer says stock market is in ‘a very serious correction’ — and there’s nowhere to hide

 

Jim Cramer, CNBC’s “Mad Money” host and a prominent fixture among market commentators, on Monday said the market is enduring “a very serious correction,” underscored by the fact that there are few fundamental reasons for the market’s current downtrend. During CNBC’s “Halftime Report,” Cramer said notable is a slump in shares of so-called FANG names — the highflying quartet of Facebook Inc. (FB) Amazon.com Inc. (AMZN) Netflix Inc. (NFLX)and Google parent Alphabet Inc. (GOOGL)(GOOG) that are among the most influential on Wall Street due to their massive market values and the degree by which investors have piled into those investments for hope of consistent growth. All of those companies are in a corrective phase, defined as a drop of at least 10% from a recent peak, and Netflix and Facebook shares have shed around a third of their values since hitting 52-week peaks.