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Cramer: Why tech cannot discover a backside as different components of the market present indicators of life


Jim Cramer on the NYSE, June 30,2022.

Virginia Sherwood | CNBC

Numerous corporations received clocked final week. We noticed weak spot in a bunch of industries every little thing from media to playing to cloud computing and software program gross sales. The ache within the know-how sector appears to know no bounds, as we mark one yr in the past this month because the Nasdaq final closed at a document excessive. (To be clear, I’m not speaking concerning the Apple (AAPL) launch from Sunday night concerning the iPhone 14 Professional and Professional Max points as a consequence of a showdown in manufacturing as a consequence of Covid restrictions in China. That is as a result of these are provide not demand associated.)



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