Cramer: 10 reasons why Apple hitting $1 trillion matters for the stock market

collected by :Haron Adler

referring to Until recently, a $1 trillion valuation would have seemed inconceivable for any company, Cramer said. In March 2000, right around the peak of the dotcom bubble, Cisco's market cap reached $550 billion; the internet giant then proceeded to loose nearly three-quarters of its value over the next year. "The notion that any company could ever be worth more than a half-trillion was considered dangerous, foolhardy, seditious, maybe the sign of a pending crash." But once the $500 billion level was successfully breached, the market's tone changed, enabling juggernauts like Apple to surge toward $1 trillion. And, Cramer added, Apple managed to achieve a $1 trillion market cap — the first U.S. company to do so — without being "hideously expensive," trading at only 15 times next year's earnings estimates.

Facebook's $100 billion-plus rout is the biggest loss in stock market history

Facebook on Thursday posted the largest one-day loss in market value by any company in U.S. stock market history after releasing a disastrous quarterly report. The social media giant's market capitalization plummeted by $119 billion to $510 billion as its stock price plummeted by 19 percent. No company in the history of the U.S. stock market has ever lost $100 billion in market value in just one day, but two came close. View Related ChartOn Sept. 22, 2000, Intel shed $90.74 billion in market value as the dot-com bubble burst. Earlier that year, Microsoft lost $80 billion from its market cap in one day.

China's stock market bulls and bears are locking heads, leaving room for cautious investor optimism

as declared in Nicholas Spiro says despite the recent market turbulence, the divergence of views on Chinese stocks and the economy means the country's equities could still be attractiveThat was quick. According to Bloomberg, the Shanghai Composite Index, nearly 40 per cent of whose constituents are banks, is currently trading at earnings multiples below the levels of the troughs during the 2015-16 crisis. While Chinese equities have clearly cheapened, the current risk premium does not adequately compensate investors for the plethora of domestic and external risks confronting China's economy, bears insist. Although a boon to most investors, the recent stimulus measures also raise concerns that Chinese policymakers are backsliding on deleveraging. The bears are giving the bulls a run for their money, but Chinese equities are starting to present an enticing opportunity.

The stock market is due for a pullback in the next week

Opinion: The stock market is due for a pullback in the next weekThere are two bullish paths to followThe stock market has been ignoring talk about trade wars having negative implications, and has continued to rally, as many market participants look upon it in disbelief. While the S&P 500 Index SPX+0.46% rose to 2,800 points, as we expected, this past week, I think the market is likely set up for a pullback within the next week or so. But I am still unsure how deep the market can pull back over the next couple of months. And, since the market is made up of individual stocks, this could be quite telling as to how deep the next pullback takes shape. The only caveat I have this week is the same I have presented in the past many times.

Extreme fear will actually keep the US stock market grinding higher

Opinion: Extreme fear will actually keep the U.S. stock market grinding higherSentiment plays an outsized role in the marketThere's a consistent pattern that occurs in stock market sentiment. The AAII Sentiment Survey saw one of its biggest weekly jumps in bearish sentiment. The majority of market participants feel this current stock market rally is about to end any day now. Part of the reason behind my theory is that this constant fear and "one foot out the door" mentality will keep stock markets grinding higher. There are non-stop headlines about trade wars and tariffs, but the market has ignored them and marched higher.