Jim Cramer explains how investors should prepare for the next 'big bad event'
CNBC's Jim Cramer explained how to deal with next "big bad event."
TL;DR
- Investors should not sell stocks ahead of Federal Reserve meetings.
- Fed meetings create uncertainty, leading to pre-meeting sell-offs and post-meeting rebounds.
- The best approach is to buy stocks closer to and immediately after the Fed meeting to capture the rebound.
- Technology stocks, specifically cybersecurity, Intel, and Micron, are recommended buying opportunities.
- This pattern of "big bad events" is expected to become more prominent with continued Fed rate hikes.