CNBC’s Jim Cramer warned investors that they should trim some of their positions to prepare for a possible market decline. The S&P 500 Short Range Oscillator, one of his longtime favorite market indicators, helps signal when the market has become overbought and possibly due for a pullback. He named Meta Platforms, Alphabet, Apple, Amazon, Tesla, Microsoft and semiconductor stocks as the most likely to be sold in the impending sell-off. The tyranny of tech has been overthrown, and nobody wants to go near these things,’ he said. The Dow Jones Industrial Average jumped 13.95% in its best month since 1976 in October, while the Nasdaq Composite rose roughly 8% and 3.9% this month. . . .
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