
CNBC Special Report: Taking Stock 5/26/23
Mad Money w/ Jim Cramer
00:00
The Mega Cap Divergence in the Stock Market
The next step for this market is going to be determined by the bottom 490 not by those top 10 mega cap tech stocks anymore. This is the fourth worst divergence we've ever seen, the three that were larger 2000 2008 and then 2020 and COVID. Warren: Is it true that we are in an earnings recession? Because it seems like the estimates are now kind of flattening out. But I just wonder if that part of the bear case is sort of on hold as it was,. The recession call has not really come about either.
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