Jim Cramer told viewers of Mad Money Thursday night that the past 10 months have seen a seismic shift from small- and mid-size business to the biggest retailers and restaurants. Why? Because the big companies are the only ones with pockets deep enough to cope with what the pandemic requires. Cramer said these smaller businesses can't compete against the now unassailable moats created by their bigger rivals.
More from Stocks
It is premature to declare that the worst is over, but the intensity of the selling will go a long way toward helping a bottom to form.
TWLO could bounce in the short-run but avoid the long side for now.
It looks like further declines are possible. Avoid the long side.
This has given investors an opportunity to load up on small speculative names I love over the next 12 to 18 months.