Buying The Dip? Jim Cramer And Tom Lee Warn Market Hasn’t Hit Rock Bottom Yet: ‘Quintessential Wrong Thing To Do’

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Benzinga

CNBC’s Jim Cramer warned that the market hasn’t found its bottom, advising against buying the dip. Tom Lee of Fundstrat echoed this caution, urging investors to hold off on purchasing stocks, anticipating a forthcoming wave of selling that could signal a bottom in the weeks ahead. What Happened: Cramer, during his show “Mad Money,” suggested that the market is still in a downward trend, reported CNBC. He cautioned investors to refrain from buying at the start of the session, stating that this is not the right move. Meanwhile, Lee cautioned that the recent surge in the VIX, the market’s volatil…

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