Published on 25 May 2016
The
banks and techs are bouncing back and that bodes well for the bulls,
said TheStreet's (TST) Jim Cramer. He said the market is being spurred
by a rally in the banks and it is taking other groups like healthcare
and biotech along for the ride. Cramer said the move in the banks really
came out of nowhere, especially considering Wells Fargo's less than
inspiring presentation yesterday. In Cramer's view 'these are how real
rallies start - on nothing - and then we find out why.'