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Cramer says investors should not rush to buy or sell outside of regular trading hours

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CNBC’s Jim Cramer on Thursday cautioned investors against rushing to empty or beef up their portfolios based on movements outside of normal U.S. trading hours.

“Don’t pay attention to what the futures [are] doing. Pay attention to what you like,” Cramer said on “Squawk Box,” before stocks opened higher Thursday. “We have a lot of stocks that, literally, you can get them for far lower than they should [be] because the machines are obliterating them.”

The “Mad Money” host has previously ridiculed those he calls “pajama traders” for influencing premarket sentiment as they trade futures contracts, often based on headlines and algorithms. His comments Thursday came as U.S. equity futures…



Source cnbc.com

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