Thursday, July 16, 2020

Jim Cramer breaks down Thursday's sell-off, says it was 'pure profit-taking'

Here is the link. 

Excuses to sell on July 16, 2020

"Economy's recovery is derailed" thesis
Stalled reopening
Escalated US-China trade tensions
Uncertain future of work 

Approaching the selloff

Abbott
Pepsico
Morgan Stanley
Johnson Johnson
Facebook
Alphabet
Salesforce
Amazon

Those stocks - 

TSLA, AMZN, APPL, GOOGL, SQ, TTD, SHOP, BABA, NVDA, SE, NIO, CRM, and Bitcoin


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