CNBC host Jim Cramer mentioned that he hoped the recent jump in stock might lead to an actual market recovery. According to reports, Cramer pointed to a more than 2.5% rise in the three major US indexes as a possible turning point. He added that many investors still fear the market will retreat, but he feels every true comeback begins as a “bear-market rally.”
Cramer added that one fresh reason for renewed confidence emerged minutes after the trading ended. President Donald Trump told reporters he would not dismiss Federal Reserve Chair Jerome Powell. The CNBC host said that the President’s remark is likely to push stocks higher when the opening bell rings on Wednesday. “When you get this kind of rally, it doesn’t happen because someone gave you the green light to start buying,” he said. “By the time there’s definitive proof, usually the rally’s been going on for a while,” he said.
CNBC host Cramer lists signs of a potential rebound
The Dow Jones Industrial Average is in line for its worst April since 1932, an early Depression year. The CNBC host reminded viewers that the Dow bottomed that same year and then surged for the rest of the decade. He also added that a single nation agreeing to some of Trump’s aggressive tariff demands, such as moving manufacturing to the United States, could start a chain of concessions. A deal with China would be especially powerful, provided Trump is respectful toward President Xi Jinping.
Crude oil has been dropping for months. Further declines could push the Fed toward an interest-rate cut, satisfying Trump’s public calls for easier money and calming the bond market. At the same time, the CNBC host said that softer numbers would also raise the odds of a rate cut. More initial public offerings and merger deals would signal fresh faith in future earnings.
Cramer argued that the chances of every single piece going wrong are low. “Sooner or later, somebody’s got to blink,” he said. “Doesn’t matter who. And when that happens, we’re going to be in much better shape.” The veteran market watcher stopped short of declaring victory. Still, he said Tuesday’s action offers a clear checklist for bulls eager to know whether a wary rally can grow into a full-fledged recovery.
He also warned that headlines can change quickly, and investors must stay alert for shocks or sudden setbacks. In response to Trump’s recent remarks, Bitcoin increased by 3%, with coins like Ethereum, Solana, and Ripple following the market rally. At the same time, S&P 500 futures increased by 1.4% while Nasdaq 100 futures went up by 1.6%.