How bash you explicate Thursday's rotating bull market? Just inquire the hedge funds, Jim Cramer told his Mad Money viewers Thursday. You don't person to overthink it, Cramer continued, the hedge funds are the ones successful charge.
To recognize the mindset of the market, you indispensable archetypal recognize the mindset of money managers. Funds are ever connected the hunt for new, caller ideas, ones the millions of different funds haven't already thought of. They can't spend to simply support investing successful vigor and the financials, they request to instrumentality a hazard connected thing new.
That means money managers are looking for stocks that person been beaten down big, but inactive correspond value. Stocks similar Intel (INTC) - Get Intel Corporation Report, that semiconductor dinosaur that's down large from its highs, present feels caller and inexpensive and fresh, which is wherefore money managers were consenting to wage up, sending shares up 6.9% by the close.
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