Monday, December 15, 2014

Cramer Remix: What I'm waiting to see in oil

Cramer Remix: What I'm waiting to see in oil



This is a good article by Jim Cramer on why the stock market continues to fall along with the price of oil.  Certainly there is a connection between oil and the S&P 500 since many oil companies are in the S&P group, but good companies like Apple and Skyworks should not be falling.  The healthcare stocks like XLV and PJP should not be declining either.  Thirdly, December is the best month of the year for stocks, and the magnitude of this pullback is hard to understand.  As Cramer said, it could be the hedge fund computers giving bad information, or it could be year-end tax selling.

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