Cramer explains the Apple-led sell-off and what could stop the declines [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
show chapters Stocks will only recover from Monday's dramatic sell-off if seven key things happen to brighten the outlook for the broader market, CNBC's Jim Cramer said as the major averages pulled back. The thinking behind today's action is surprisingly simple: money managers are buying the winners and selling the losers, he said on Mad Money. Unfortunately, there are a heck of a lot more losers than winners, and I want to put that into context because such behavior, frankly, is highly unusual this close to the end of the year. Here are the things Cramer says will allow stocks to reverse course: 1. Apple A recovery in the stock of Apple , which led much of Monday's declines after a supplier report implied weakening iPhone orders, would be the first key to a broader reversal, Cramer said. It's a tall order. We keep getting new negatives that frustrate buyers, he said. After today, there's no denying that Apple has some sort
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