{"id":61626,"date":"2026-04-10T23:57:07","date_gmt":"2026-04-10T23:57:07","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/61626\/"},"modified":"2026-04-10T23:57:07","modified_gmt":"2026-04-10T23:57:07","slug":"cramer-warns-of-overconfident-market-after-u-s-iran-ceasefire","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/61626\/","title":{"rendered":"Cramer warns of \u2018overconfident\u2019 market after U.S.-Iran ceasefire"},"content":{"rendered":"<p>CNBC&#8217;s Jim Cramer said Friday that the market&#8217;s become &#8220;incredibly overconfident&#8221; following the <a href=\"https:\/\/www.cnbc.com\/2026\/04\/07\/trump-iran-ceasefire-hormuz-strait.html\" rel=\"nofollow noopener\" target=\"_blank\">Iran-U.S. ceasefire<\/a> news, which caused a massive rally in stocks this week.<\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/quotes\/.SPX\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a> closed Friday up 3.6% week to date. Gains were fueled by President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">Donald Trump<\/a>&#8216;s two-week pause on Iranian strikes, announced late Tuesday, which gave the market a brief reprieve from the conflict that has pressured equities since early March. The <a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq Composite<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" rel=\"nofollow noopener\" target=\"_blank\">Dow<\/a> jumped 4.7% and 3%, respectively, over the past five sessions as well. Each index posted its best week since November. <\/p>\n<p>&#8220;Two weeks ago, everyone was on tenterhooks, so we got oversold and then we had a buying explosion when we got wind of a truce,&#8221; &#8220;Mad Money&#8221; host said. &#8220;Now after a gigantic gain, I see many people who are suddenly sanguine about stocks, which is not in keeping with the treacherous nature of the situation away from the market.&#8221; He added that &#8220;the idea that everything will finally go right in the Middle East seems like a real stretch to me.&#8221;<\/p>\n<p>Cramer said it&#8217;s not wise for investors to make any sudden moves with the market in such a perilous state and all the war uncertainty. After all, less than two days after the ceasefire agreement, Trump on Thursday warned that Iran<a href=\"https:\/\/www.cnbc.com\/2026\/04\/09\/trump-iran-strait-of-hormuz-oil-toll.html\" rel=\"nofollow noopener\" target=\"_blank\"> &#8220;better stop now&#8221;<\/a> if it&#8217;s charging fees to oil tankers going through the Strait of Hormuz. <\/p>\n<p>&#8220;Frankly, [the market&#8217;s] incredibly overconfident right now, given the tenuous nature of our ceasefire with Iran and the fact that they can shut down the most important commercial waterway on earth in a heartbeat,&#8221; Cramer said.<\/p>\n<p>If investors feel the need to buy or sell frantically right now, Cramer reminded them that the market&#8217;s not in a &#8220;make or break moment.&#8221; He continued, &#8220;There&#8217;s no systemic risk here that I can see, something that could bring down the whole entire edifice.&#8221;<\/p>\n<p>Cramer then turned to the week ahead, where corporate earnings will be front and center.\u00a0<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/GS\/\" rel=\"nofollow noopener\" target=\"_blank\">Goldman Sachs<\/a> will kick off big bank results on Monday morning. Barring any serious war developments over the weekend, Cramer predicted a &#8220;solid set of numbers and good reaction.&#8221; He pointed to potential upside for Goldman&#8217;s trading desk, which benefits from volatility in the stock market. Goldman is also a holding in Cramer&#8217;s Charitable Trust, the portfolio managed by the CNBC Investing Club.\u00a0<\/p>\n<p>Tuesday brings earnings from <a href=\"https:\/\/www.cnbc.com\/quotes\/JNJ\/\" rel=\"nofollow noopener\" target=\"_blank\">Johnson &amp; Johnson<\/a> as well. Cramer loves this drugmaker because of its robust pipeline. This stock does have a habit of &#8220;getting hammered,&#8221; Cramer said, on the initial earnings results, then rallying once the conference call with management starts. &#8220;If it gets blasted, try to get some,&#8221; he added. In fact, the Charitable Trust <a href=\"https:\/\/www.cnbc.com\/2026\/04\/08\/were-exiting-our-position-in-a-drug-stock-and-initiating-a-stake-in-a-more-attractive-rival.html\" rel=\"nofollow noopener\" target=\"_blank\">started a position<\/a> in Johnson &amp; Johnson on Wednesday.\u00a0<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/JPM\/\" rel=\"nofollow noopener\" target=\"_blank\">JPMorgan<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/WFC\/\" rel=\"nofollow noopener\" target=\"_blank\">Wells Fargo<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/C\/\" rel=\"nofollow noopener\" target=\"_blank\">Citigroup<\/a> all report Tuesday, too.<\/p>\n<p>Watch out for JPMorgan&#8217;s conference call because CEO Jamie Dimon tends to give cautious commentary, Cramer said. Still, he described JPMorgan as a &#8220;terrific bank.&#8221; Meanwhile, Cramer said Wells Fargo, another holding in the Charitable Trust, &#8220;is not an earnings story.&#8221; Instead, &#8220;it&#8217;s a long-term turnaround story orchestrated by CEO Charlie Scharf, a fantastic bank exec who wants that stock price higher,&#8221; he added. Finally, Cramer predicted that Citi stock will jump the most among the three next week as shares tend to rally on earnings.\u00a0<\/p>\n<p>On Wednesday morning, <a href=\"https:\/\/www.cnbc.com\/quotes\/MS\/\" rel=\"nofollow noopener\" target=\"_blank\">Morgan Stanley<\/a>&#8216;s quarter will give a good read on the appetite for Wall Street dealmaking. &#8220;I expect a great number of IPOs in the second half of the year,&#8221; Cramer said. &#8220;This investment bank should have a fabulous 2026.&#8221;<\/p>\n<p>Finally, <a href=\"https:\/\/www.cnbc.com\/quotes\/PEP\/\" rel=\"nofollow noopener\" target=\"_blank\">PepsiCo<\/a> results come in on Thursday. <\/p>\n<p>Cramer&#8217;s been impressed by how well the Cheetos owner has navigated the boom in GLP-1 weight loss drugs as it&#8217;s made processed foods less popular among young adults. &#8220;While CEO Ramon Laguarta has had his missteps, like the chips that he made that were too expensive, he&#8217;s navigated both soft drinks and Frito Lay in ways that demonstrate that he&#8217;s listening to the customer,&#8221; he added.<\/p>\n<p>Zooming out, Cramer had one final messages for investors ahead of next week&#8217;s slate of earnings.<\/p>\n<p>&#8220;Here&#8217;s the bottom line: Despite that tenuous ceasefire with Iran, I bet there&#8217;s a notion of opportunity. I just think the bulls need to pull in their horns a little bit. They need to have a little more fear to match the fear about what will happen with Iran over the next week,&#8221; Cramer said. <\/p>\n<p>&#8220;Otherwise, the overconfidence and overbought nature of the market are just simply not conducive to us going that much higher.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"CNBC&#8217;s Jim Cramer said Friday that the market&#8217;s become &#8220;incredibly overconfident&#8221; following the Iran-U.S. ceasefire news, which caused&hellip;\n","protected":false},"author":2,"featured_media":61627,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[328,135,1779,160,38,573,964,698,34,1084,23509,1784,207,2591,572,23510,574,570,1778],"class_list":{"0":"post-61626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran","8":"tag-business","9":"tag-business-news","10":"tag-citigroup-inc","11":"tag-donald-j-trump","12":"tag-donald-trump","13":"tag-dow-jones-industrial-average","14":"tag-goldman-sachs-group-inc","15":"tag-investment-strategy","16":"tag-iran","17":"tag-jim-cramer","18":"tag-johnson-johnson","19":"tag-jpmorgan-chase-co","20":"tag-markets","21":"tag-morgan-stanley","22":"tag-nasdaq-composite","23":"tag-pepsico-inc","24":"tag-sp-500-index","25":"tag-stock-markets","26":"tag-wells-fargo-co"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116383124205913158","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/61626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=61626"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/61626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/61627"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=61626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=61626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=61626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}