Couldn’t resist the headline (“Everything Seems Like A Trap Now”), as it speaks to my message in this morning’s video commentary:
Cramer was skeptical about buying the Dow Jones Industrial Average’s 300-point advance shortly after the open on Wall Street, which was playing out against the backdrop of continuing bond yield stabilization.
“Everything seems like a trap now,” Cramer said on CNBC’s “Squawk Box.”“It was a trap to sell off the inverted, and now they have to go buy back on the uninverted. What happens if we get inverted again?”