HomeBusinessJim Cramer says the market could see ‘pleasant surprises’ going forward

Jim Cramer says the market could see ‘pleasant surprises’ going forward

CNBC’s Jim Cramer on Monday said that most of the sellers have already left the market, which means that the turbulence in stocks could ease up.

“To me, this mad scramble to get out ahead of the negativity is a sign that the bad news … is mostly baked in,” he said.

“Everybody’s scrambling to get out of this market ahead of everybody else, but at this point, I think many people who were going to sell have already gone, which means we could get some pleasant surprises going forward,” he added.

The major indices fell Monday ahead of a jam-packed week of corporate earnings.

The “Mad Money” host said he has his eyes on the Consumer Price Index, Producer Price Index and retail sales numbers coming out this week.

“I think those figures will be too hot. … But I also expect some early signs of cooling,” he said.

“These data points are what everyone’s afraid of. And when everyone’s petrified, it…

Read more at www.cnbc.com

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