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Cramer sees troubling signs for market, says it’s OK to sell winners

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CNBC’s Jim Cramer said Wednesday that he thinks investors are smart to take some profits after the stock market’s strong rise from its coronavirus lows. 

The S&P 500 was up more than 40%, as of Tuesday’s close, from its March 23 intraday bottom, a rally that Cramer called one of the “greatest moves of my lifetime.” 

“I’m not advocating that this is a ‘get-out-now’ moment. I just think we’ve had such a good run,” Cramer said on “Squawk on the Street.” “There’s so many signs that we’re getting, why not obey some of them and go and take a little off, and maybe you can say, ‘I took some off before something bad happened.'”

Cramer’s comments came shortly before Wednesday’s open on Wall…



Source cnbc.com

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