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Cramer: 2016’s new trading pattern—dumping sectors, not stocks

Jim Cramer has discovered a new pattern to the stock market, where entire sectors are under fire instead of individual stocks.

Typically in the first day of a sell-off, stocks under fire in a sector would get crushed. Buyers would then step in and sift through the rubble to decide what's worth buying again. Usually it would take days or weeks for this process to occur.

Not anymore.

"I think it's because of the commoditization by sector that has gone on in the stock market," the "Mad Money" host said.

By this, Cramer means that every big capitalization stock is now part of a sector-based exchange traded fund, or ETF. That translates into the action from a group having more of an impact than an individual company in a sell-off.

In the old days, a company would report horrendous...