Jim Cramer’s ‘Mad Money’ recap & stock picks Dec. 2, 2019

CNBC’s Jim Cramer advises investors to hold off from putting new money to work as stocks pull back from their record highs. The “Mad Money” host breaks down why Elizabeth Warren’s back peddle on her health care proposal is a boon for the managed-care stock of United Health. Later in the show, he takes a look at chart analysis from trader Larry Williams to get a read on the negative trading that is likely ahead in the S&P 500’s future.

The stock market has cooled off some after setting a series of record highs over the past two…