FedEx Beats, Super Micro Plummets, Cramer: Markets Are Oversold 3/20/26

Carl Quintanilla and Jim Cramer led off the show with the major indices on track for a four-week losing streak. Jim spoke about how investors should navigate markets he says are oversold.

FedEx shares jump on a better-than-expected holiday quarter and upbeat guidance. Super Micro shares plummet after U.S. prosecutor charged three people associated with the company — including its co-founder -- with smuggling Nvidia AI chips to China. Also in focus: Oil prices and the U.S.' battle to open the Strait of Hormuz, what Fed Governor Waller told CNBC about inflation and the strait, Go...