Cramer explains why Thursday’s sell-off is happening

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Cramer explains why Thursday’s sell-off is happening

CNBC2021-07-08

CNBC’sJim Cramer weighed in on Thursday’s sharp pullback in U.S. equity futures, citing a number of factors fromJapan announcing a state of emergencyfor Tokyo ahead of the Olympics due to Covid and ...

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Comment（16）

Shirron
·2021-07-08
Take note and be careful
Reply
1
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SandDust
·2021-07-08
Everyday there are reasons..
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1
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Jegan12
·2021-07-08
Good news
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FSYE
·2021-07-08
Cool beans
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2
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WeiKeong
·2021-07-08
Pls like
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4
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- FSYE:
  pls like back
  2021-07-08
  Reply
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Zuoshiling
·2021-07-08
[Cry]
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1
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JiaLe
·2021-07-08
Like and comment please….
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3
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kc0001
·2021-07-08
Sure or not …
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3
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- JiaLe:
  Ok
  2021-07-08
  Reply
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Sanushks
·2021-07-08
wait few more days to enter
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5
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NPC69
·2021-07-08
Like.
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5
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- Brugelion:
  Huat ar!
  2021-07-08
  Reply
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Brugelion
·2021-07-08
Buy the dip
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5
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sentosa
·2021-07-08
It scan profit taking or no
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2
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qwertyboi
·2021-07-08
BTFD
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huuhuu
·2021-07-08
[流淚]
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3
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StarGate
·2021-07-08
Be on Alert...
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6
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- qwertyboi:
  buybuybuy
  2021-07-08
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qstocks
·2021-07-08
like
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- Atz:
  Like
  2021-07-08
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Futures for the S&P 500 and Nasdaq were also down more than 1%.\n“There’s a lot of negatives surfacing in an environment where there’s so much speculation and there’s so much supply, so it’s not a horrible time, but it’s obviously a time where people are reassessing,” Cramer said on“Squawk Box.”\nJapan’s public-health directive for Tokyo is set to go into effect this coming Monday and last through the summer Olympics.All spectators are reportedly set to be banned.\nCramer said the Tokyo order “makes you feel like, ‘Wait a second. Are we back in that world so travel goes down?’”\nThe“Mad Money”host also pointed tobitcoin, which wasdown more than 6% Thursday morningto below $32,500. The world’s largest cryptocurrency by market value has been under duress since reaching an all-time high near $65,000 in mid-April.\nBitcoin’s decline “freaks out people too,” Cramer said. “I think that’s China. ... China doesn’t want bitcoin anymore.”\nAnother factor for the market, Cramer contended, is the level speculation that’s surrounding the so-called meme stocks. WhileGameStop,AMC Entertainmentand a few other names captured the most attention since late January when the Reddit trading frenzy began in earnest, Cramer said it’s now really spreading to more obscure names.\n“We have to be careful of these guys. This is no longer just a couple of guys having some fun,” Cramer said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":149743934,"gmtCreate":1625750719228,"gmtModify":1703747764141,"author":{"id":"3580341549267327","authorId":"3580341549267327","name":"Shirron","avatar":"https://static.tigerbbs.com/df7d4c61495981213747b5b050907306","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580341549267327","idStr":"3580341549267327"},"htmlText":"Take note and be careful&nbsp;","listText":"Take note and be careful&nbsp;","text":"Take note and be 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<u>back</u>"}],"langContent":"EN"},{"id":149737006,"gmtCreate":1625748296305,"gmtModify":1703747687234,"author":{"id":"3583660072689907","authorId":"3583660072689907","name":"Zuoshiling","avatar":"https://static.tigerbbs.com/f2fc8ca6700334d697b886a1e8d95e15","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3583660072689907","idStr":"3583660072689907"},"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149737006","repostId":1163995079,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149798134,"gmtCreate":1625747507528,"gmtModify":1703747666523,"author":{"id":"3577097645660752","authorId":"3577097645660752","name":"JiaLe","avatar":"https://static.tigerbbs.com/24a1ed581cfd6c2dbde8ebd02058830d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577097645660752","idStr":"3577097645660752"},"htmlText":"Like and comment please….","listText":"Like and comment please….","text":"Like and comment please….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149798134","repostId":1163995079,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149700154,"gmtCreate":1625746744578,"gmtModify":1703747645587,"author":{"id":"3575724178824304","authorId":"3575724178824304","name":"kc0001","avatar":"https://static.tigerbbs.com/062c8e5b423cb71c4bb39132d10309e1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3575724178824304","idStr":"3575724178824304"},"htmlText":"Sure or not …","listText":"Sure or not …","text":"Sure or not 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