What is Jim Cramer's view on the current stock market rally?

Jim Cramer believes the current rally is broad-based, spreading into overlooked areas of the market beyond last year's winners.

Which sectors are benefiting from the new market rally?

Data storage stocks are among the biggest beneficiaries, showing breathtaking rallies, while some former leaders are struggling.

What key events should investors watch for next week?

Investors should watch the JPMorgan Healthcare Conference for dealmaking news and the kickoff of earnings season, starting with JPMorgan Chase.

Home / Business and Economy / Cramer: Don't Miss This Broad Market Shift

Cramer: Don't Miss This Broad Market Shift

10 Jan

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Summary

A broad market rally is benefiting overlooked sectors.
Data storage stocks are showing significant gains.
Upcoming events include the JPMorgan Healthcare Conference and earnings.

Cramer: Don't Miss This Broad Market Shift

The stock market is experiencing a widespread rally, moving beyond the dominant tech giants of the previous year, according to Jim Cramer. This shift sees money flowing into previously overlooked sectors, with data storage companies delivering particularly strong performance.

While market leaders like Apple and Nvidia are currently experiencing a lull, Cramer suggests they are serving as funding sources for investors seeking new opportunities. Upcoming events, including the JPMorgan Healthcare Conference and the start of earnings season with JPMorgan Chase, are poised to provide further market direction.

Investors will also be closely monitoring the December consumer price index for inflation clues. Cramer anticipates a busy week for dealmaking news, especially following the healthcare conference, and advises a strategy of buying bank stocks on any dips triggered by cautious commentary.