Cramer: The problem with this cycle
Jim Cramer | [email protected]
Then we get a realization that the 10-year is yielding through 2 percent and the 30-year is about 2.5 cent. That means stocks with 3 percent yields are terrific.
Then we get a wave of buying from overseas seeking a home.
Then we get a realization that the cyclicals have been pummeled for days and that perhaps they are overdone.
Then we see that there was no panic, and we buy EXCEPT where there is earnings weakness possibilities, like F5.
There's only one issue. This cycle starts anew EVERY DAY, and Monday will be the next one!
Disclosures: Cramer's charitable trust has no positions in any stocks cited in this article.