Cramer’s Mad Money Recap 4/19: Plug Power, Bank of America, Twitter

The stock market should’ve been down Tuesday, Jim Cramer told his Mad Money viewers, but instead, we had a great run. How’d that happen? It wasn’t bonds, earnings, or housing starts that drove stock prices higher, nor was it any good news on the inflation front.

The real reason for today’s rally was sentiment — positive sentiment to be exact.

When interest rates are on the rise, that’s actually a great time to invest. That’s because if the Federal Reserve does it right, the economy has a so-called soft landing, which creates the perfect environment for companies to profit and stocks to soar.

Source: https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-april-19-2022?puc=yahoo&cm_ven=YAHOO&yptr=yahoo