'The visible stories are almost all positive. The negative stories are mostly hidden, at least when it comes to the stock market,' CNBC's Jim Cramer said.
gained 1.1% and 1.7%, respectively, the first gains for those indexes in five days.
"When you see Amazon flying ... I want you to consider it to be creative destruction, the destruction of all the stores that lack convenience, that are stunted by social distancing and that will ultimately fold if they don't get some help from Washington," Cramer said. , for example, closed up more than 5% Tuesday, but it wasn't an upside move driven by better-than-expected sales or earnings, he said., as the company shifts from a more mall-based company to a more internet-based strategy. Good news for the market, but real bad news if you work for a living," Cramer said.
"[Chipotle] has a fantastic strategy for takeout and delivery. Forget indoor dining, they're making roughly the same amount of money as they did pre-pandemic, thanks to their
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer says the 'lockdown trade' is back as coronavirus concerns riseGeneric Mad Money Contemplate
Read more »
Sen. Cramer on RBG's dying wish to stall replacement: 'It's not her seat'Senator Kevin Cramer (R-ND) joins Hallie Jackson to defend Republican efforts to install a new Supreme Court Justice before the upcoming election. While Cramer says he believes the country should 'get rid of abortion,' he adds that should not be the final litmus test for the next justice.
Read more »
Watch Jim Walmsley Fail Miserably at the Hardrock 100 RecordWe know what it looks like when a record attempt goes well. Here’s what it looks like when ... it doesn’t.
Read more »
Meghan King Threatening Jim Edmonds With Tell-All To Secure Million Dollar Payday: ReportIs Meghan King, formerly Edmonds, threatening to write a tell-all about her marriage to Jim Edmonds unless he coughs up an extra million dollars in their divorce? That’s what one tabloid claims is going on. Gossip Cop can provide some additional insight.
Read more »
China will be the 'most important marginal driver of global GDP,' ex-Goldman Sachs economist Jim O'Neill says | Markets InsiderJim O'Neill CNNMoney Visit Business Insider's homepage for more stories.China's economy will erase all its 2020 losses next year and still reco...
Read more »
Kudlow—Contradicting Other Top Officials—Says Stimulus Not Needed For Economic RecoveryKudlow downplayed the necessity of another coronavirus stimulus bill for a V-shaped economic recovery.
Read more »