Jim Cramer warned investors to stay out of financial stocks right now on Wednesday’s CNBC “Stop Trading!” show. He said Bank of America (BAC) is going lower and Freddie Mac (FRE) and Fannie Mae (FNM) are technically insolvent. Cramer moved onto the technology sector and pointed out that the news in the space is bearish. Cisco Systems (CSCO) hit new lows today and Oracle (ORCL) has been a house of pain for the bottom-fishers since it reported earnings last quarter. He mentioned that the “Sell in May, go away” mantra could actually be right this time. Finally, Cramer said CVS Caremark (CVS) is the winner after competitor Rite-Aid (RAD) cut its 2009 fiscal outlook. Join the fastest growing community of small cap investors at Stockhideout.com