CNBC's Jim Cramer on Monday described signs of "excess" he sees across market sectors, saying these widespread dramatic gains make him somewhat apprehensive, warning investors not to get too greedy.
"If you had the good fortune to participate in some of these seemingly excessive moves, I think you should give thanks to your gains," he said.
While it's normal for the averages to rise following election day's "Republican sweep" — as Wall Street expects deregulation and lower taxes — Cramer pointed out that many roaring stocks aren't well-known or members of the Magnificent Seven.
He also looked at "Trump trades," or stocks that Wall Street has embraced as they anticipate what President-elect Donald Trump's term, like private prison operators and oil service companies.
"So, take what's been given to you, give thanks for your gains, and make sure you're not letting wins turn into losses."
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CNBC's Jim Cramer, day's, — Cramer, Donald Trump's, Cramer
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