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CNBC's Jim Cramer on Wednesday said that while headlines continue to swirl around the government shutdown , investors should be paying closer attention to the story the market just finished telling. However, he cautioned that the biggest gains of the year may have passed.
"You can tell an awful lot about a market by looking at the winners and losers of a quarter that was just put to bed," Cramer said. "I think the third quarter's winners are a terrific place to be. I'm betting most of these can keep rallying through the end of the year, but the biggest gains may, indeed, have already been made."
Cramer contended that the third quarter's top performers offer a valuable roadmap for the final stretch of the year — since many fund managers tend to buy those July-to-September