CNBC's Jim Cramer on Tuesday reviewed Tuesday's declines, saying this action doesn't indicate a market bubble, but that stocks may be hitting their tops.
"Toppy" action may not be great, he said, but it's "much less devastating than a burst bubble."
That's toppy," Cramer said.
Tesla's seeing poor sales in China, Cramer said, and the competition from Chinese electric vehicle makers is stiff.
Cramer called this kind of action "idiotic," and said Super Micro Computer is the frothiest stock in the market .
Persons:
CNBC's Jim Cramer, That's, Cramer, Apple, —
Organizations:
Nasdaq, Dow Jones, Apple, Micro, Nvidia
Locations:
China