Cramer Remix: Friday's rally may not be sustainable

Cramer Remix: Friday's rally may not be sustainable

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/12/cramer-remix-fridays-rally-may-not-be-sustainable.html

Friday's volatile trading session may have helped stocks pare their losses from earlier in the week, but CNBC's Jim Cramer said it would take more than a market rally in China to mount a sustainable recovery.

"When the stock market falls as hard as it's been falling for the past week, it doesn't take much to give us a bounce," the "Mad Money" host said. "But, listen, we won't get [a] sustainable rebound until it's based on something domestic, something here, which is why we had that intraday sell-off before the late-afternoon bounce."