Jim Cramer: It's hard to make sense of the stock market right now and investors should be patient

"Mad Money" host Jim Cramer said Tuesday he's struggling to make sense of the market right now and recommends investors raise some cash to deploy once there's more clarity on stocks. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

CNBC’s Jim Cramer on Tuesday advised investors to trim some stock positions in order to collect cash that can be deployed back into the market when there’s more certainty.

The “Mad Money” host said he sees a number of contradictory forces afoot, such as Treasury yields trending lower at a time of heightened inflation worries, that render it difficult to make sound investment decisions.

“Sooner or later the market will make up its mind, and then you can make up yours. If you haven’t sold any stock to raise money, maybe take a little off the table. You’ve got my permission,” Cramer said. “The set-up’s just too confused, frankly, so it’s good to keep some cash in your pocket until we stumble onto enough clarity to start making sense of the situation.”

Cramer’s charitable investment trust is now holding about 10% cash, he said Tuesday morning on CNBC, describing that as “a more reasonable level” to be at because he believes “things have gotten a little too buoyant.”

On “Mad Money” Tuesday evening, Cramer said he’s struggling right now to even recommend purchasing some of his longtime favorite stocks such as PayPal, Nvidia and AMD. The overall environment is just too murky, he said.

“These are three fantastic stocks of amazing companies that I’d love to buy on weakness, normally, if we had more clarity on what’s happening in the economy and the market hadn’t already run so much,” Cramer said. “But we’ve had that monster rally here and we can’t truly explain why bond yields keep sinking at the same time that inflation is raging. Rather than making a hasty, ill-informed decision ... I’d rather just wait until we get more insight.”

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/

#CNBC
#CNBCTV

Видео Jim Cramer: It's hard to make sense of the stock market right now and investors should be patient канала CNBC Television