Cramer: Why tech can't find a bottom as other parts of the market show signs of life

2 years ago 104

Jim Cramer astatine the NYSE, June 30,2022.

Virginia Sherwood | CNBC

Lots of companies got clocked past week. We saw weakness successful a big of industries everything from media to gambling to unreality computing and bundle sales. The symptom successful the exertion assemblage seems to cognize nary bounds, arsenic we people 1 twelvemonth agone this period since the Nasdaq past closed astatine a grounds high. (To beryllium clear, I americium not talking astir the Apple (AAPL) merchandise from Sunday evening astir the iPhone 14 Pro and Pro Max issues owed to a showdown successful accumulation owed to Covid restrictions successful China. That's due to the fact that those are proviso not request related.)

Read Entire Article