“Selling software service stocks on trade worries is a ‘big mistake,’ Jim Cramer says”
November 20, 2019
“Don’t give up on the entire technology sector of the market, according to CNBC’s Jim Cramer. The “Mad Money” host advised that selling off would be a poor miscalculation, urging investors to “ask yourself what you’re selling.”
“If you’re dumping an ETF, be my guest…he said… “In fact, these stocks will probably be the first to go down again because the algorithms … sell them on any trade worries,” he said. “But after that, their stocks tend to come bouncing back with alacrity because these companies are forces of nature.”…”
The stocks keep bouncing back. This tells me it’s a great time for day traders.