CNBC Mad Money host Jim Cramer compared the S&P 500 into a patch of grass but if you get closer, it’s covered in weeds.
Big tech stocks such as Apple and Tesla have seen tremendous increases in 2020, masking the majority of the index’s normally weak performance, he said.
He said:”When you get down into the weeds of this market, what you see is that there are a lot more losers than there are winners.
The index is up 5% in 2020, but has risen more than 50% from lows seen in March.
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The S&P 500 has soared since touching March lows, but for Jim Cramer the index still has more losers than winners.
The CNBC”Mad Money” host Thursday compared the S&P 500 into your patch of grass. See the rest of the narrative at Business Insider
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