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Updated2026-10-28 07:00:00

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Jim Cramer: Once FAANG stocks roll over, you can buy

CNBC Television · 2021-07-19 · 유튜브 시청 38,144 · Board Views 5 · International

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uh hospitalizations and where deaths have not been following the case count right in the same way um but it's of concern it would seem yeah look you come in and you see europe down big europe's in different positions you see the tenure at some price that makes you think that there must be just all hell's gonna break loose uh you see that there's whole states that seem to just don't believe uh and then you hear that facebook is killing people and the president zuckerberg by the way many things have been said about him this first time i heard he was murder well he didn't say that well okay okay like the facebook they're executives there i think it's important yeah well because i think that what's happened is although although i think dr gottlieb was absolutely right that it should be easier to police nation police there's just a lot of people david who genuinely believe that it's bad so what's he policing if 40 of the people think that it's bad are you supposed to tell those 40 percent that they're ignorant well jim i i don't know uh i think that's not exactly what the president was talking about if we want to get to the president president was not clear let's take a let's take a quick pause i want to come back to this facebook versus the buying mystery i want to get back to the market for our viewers just so we can sort of set things up as we uh get ready to to trade 28 minutes or so from now look i just think are there going to be opportunities yeah well look today's the day you're not going to step in by the cruise lines i don't pick on people no the cruise lines yeah did you read the lawsuit did i mean there was an overturn the appellate court agreed but did you read the lawsuit that frank del rio filed from norwegian it's very sad what he says is we want to vaccinate everyone from the crew be sure that everybody in the crew is vaccinated and be sure that all the tourists are vaccinated right but the state of florida won't let them right the state of florida is basically mandating that there'd be people on those cruises that have covered well i think it's non-starter becomes difficult particularly given the uh the level of infectiousness of the delta variant right again not morbidity thankfully but you can get it very easily no you're either going to be here's what we'll discover in the next four weeks you're either vaccinated or you get it there's no middle ground anymore and the breakthrough as dr uh gottlieb suggested is happening more aggressively than people realize well it's not it's not being just what is what is what dr gottlieb also says and he'd like to see it i mean right we've had a long time now to listen to a lot of different people in public health tell us things he's the best i think i think you and i agree and he's pro vaccine and he's also what i'm waiting by the way to hear is we have all these professional athletes who are getting it yeah they obviously don't know that they have it or else they would be saying and they get tested all the time which is why they find out that they have it even though they don't have they are asymptomatic can we get back to the market yes okay i am saying that the market rolls over it could go over three three percent but take a guy like mike wilson whom i like i mean comes one he's intelligent morgan stanley yeah and he's now saying listen we got to get a little more defensive okay well hello the david the cyclicals have been rolling over for weeks weeks and now we get to pencil now is the time to look at cleveland cliffs at 19 because it sells at two times earnings now is the moment david it's he likes modeling money has been great for weeks to the extent that the market is responding to this perception that we're going to somehow or the economies are going to slow or we're not going to open as quickly i don't know jim i mean we're fully open here where we are in new york right well then putting something is stopping you all right well dr gottlieb says that's silly right uh in l.a by the way not in calgary he also says by the way the third the third booster no no evidence um but the uk is fully opening today i know right now johnson had a very bad case uk mixed signals because one of the things that's happening in europe is if you get covered they seem to not trust the antibodies and they're giving them another shot right well again back to our man dr gottlieb he says you benefit because there's an enormous immune response if you actually had covet and get the vaccine you are really truly but facebook is the beginning of a word named fact and the one part of this market that has yet to roll over is fact once fang has rolled over then you can buy because then everything will have rolled up that's the last bastion and david the reddit people how am i don't they get point out the day that robin hood comes publicly just because it's you know it's a little shakespearean isn't it

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