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The stock market is on a ‘highway to the danger zone,’ Jim Cramer says



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CNBC’s Jim Cramer sounded the alarm Wednesday saying that the stock market is inching closer to a frothy environment, where investors pay up for stocks while ignoring fundamentals.”You wouldn’t know it from the sedate action in the averages … but this is starting to feel a little bit like a Kenny Loggins market,” he said after the close on “Mad Money,” “We’re on — I’m going to say it — a highway to the danger zone.”The comments come after a mixed session of trading with the S&P 500 closing lower for a second straight trading day and the Nasdaq Composite taking …

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