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CNBC's Jim Cramer said strong results from Nvidia and Salesforce shattered two distinct narratives that had been weighing on both stocks. The case Cramer is making is familiar in structure.
When results come in with enough force, they do real work against short positioning.
His read, delivered on CNBC, is that the Nvidia and Salesforce prints were precisely that kind of event: strong enough to remove two specific skeptical arguments from the table.
The counterargument is that Cramer's verdict is the beginning of a conversation, not the end of one. A strong print changes the near-term calculus and shifts the cost of staying short.
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