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Stay bearish because the ‘Big Low’ for stocks hasn’t arrived yet, says Bank of America

November 13, 2018

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For investors, it may be a case of nowhere to run, nowhere to hide.

So says CNBC’s “Mad Money” host Jim Cramer, who warned Monday of a very “serious correction” in a day that saw the Dow skid 600 points on a retreat for oil and a firmer dollar, and mega-stock Apple AAPL, +0.35% (TICKER: AAPL) got the cheese touch

But while dip-buying appetite appears to have stirred a bit in the wake of that action, note that oil is under pressure again as investors entertaining the possibility that October’s volatility was not a one-off.

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