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Cramer sees bullish market trends no matter who wins, Trump or Biden

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CNBC’s Jim Cramer said Monday there are structural forces exacerbated by the coronavirus pandemic that support continued strength in the stock market, regardless of the presidential election outcome.

“I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” Cramer said on “Squawk on the Street.” “There are enough trends out there, established by Covid, that just say, ‘Get long. And the No. 1, of course, is the internet just plowing through.”

Cramer’s comments came as stock futures were higher Monday, led by those for the tech-heavy Nasdaq. Stocks later opened higher, with the Dow Jones Industrial Average gaining more than 100 points. The major…



Source cnbc.com

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