It means ‘Waco Market’ when few sell stocks


CNBC’s Jim Kramer said Monday that “we’re in some vock market” because chasing state-stock in general doesn’t mean selling in multiples of sales f-charts, but now the market rewards investors who do. .

Kramer was in charge of nearly 50-fold sales and Zoom Video Communications at cloud company Snowflake, advising people to buy and invest in stocks that the coronavirus epidemic is not going away anytime soon.

“Zoom is tripling what it was like three months ago. And I know its sales are 50 times. But at the same time, I want growth from cutting and hope there is no more oil per rig. But I want growth. Which is pure and “dominant,” he said, in contrast to Zoom’s video conferencing business, which is a sweet spot from the current working environment to the rough ride in the oil industry in the home environment because people don’t drive much.

Kramer de Scott. Scott Gottlieb drew attention to Monday’s remarks who said the “hardest part” of a coronavirus outbreak in the U.S. is probably still ahead. The head of the FDA in the Trump administration said there is really no backstop here, as treatment and possibly the Covid-19 vaccine will not be available for some time.

“Do I really want to live in a world where I think the covid will end and we’ll start driving like crazy and going over the oil. I’m not buying it. I’m not buying it better.” Said on.

U.S. And with the rise in infections in Europe, the number of confirmed coronavirus cases worldwide on Monday reached 400 million, according to data from Johns Hopkins University.

When the population changed, 187 new daily cases of infection were reported per million people, based on a seven-day average, compared to 162 per million in the United States in Europe.

As of Friday, nationwide, coronavirus cases have increased by %% or more in 38 states, with weekly averages used to simplify the report, according to a CNBC analysis of data associated by Johns Hopkins. An average of 55,000 new cases are reported in the country every day, an increase of more than 1% over a week ago.

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