Jim Cramer

[tsptalk]

Charts show the S&P 500 could be due for a correction, Jim Cramer says


“After the epic run in the averages, the charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited,” Jim Cramer says.

The technician thinks the S&P 500 could be due for a correction down to the low 2,700s, the “Mad Money” host says.

“It’s possible she’s being too cautious, but her general point is correct though: the risk reward up here it’s simply not as good [as it was] a month or two ago,” he says.


https://www.cnbc.com/2019/07/17/charts-show-the-sp-500-could-be-due-for-a-correction-jim-cramer-says.html

[uscfanhawaii]

Jim Cramer is an idiot.
Just parroting what a lot of talking heads are saying.
Yes, the average P/E earnings is high, but then again, the FED is now controlling the markets.

[userque]

Jim Cramer is an idiot...


https://www.youtube.com/watch?v=p1JJccqQPMc

[tsptalk]

Cramer: Hong Kong protests ‘more serious’ than US-China trade war for global markets


KEY POINTS

CNBC’s Jim Cramer says his biggest concern for markets is how China might respond to the escalating protests in Hong Kong.

Mass protests in Hong Kong began in June in opposition to a bill that would have allowed extradition to China but morphed into a democracy movement.

Cramer says he expects the Chinese government to bring in the People’s Liberation Army to quell the crowds, a move that would have global implications.


https://www.cnbc.com/2019/08/12/cramer-hong-kong-protests-more-serious-than-us-china-trade-war.html

[tsptalk]

Cramer: The underlying economy is good, but fear will drive us into recession


CNBC’s Jim Cramer says experts would see that the American consumer is doing fine if they listen to the conference calls for Target and Lowe’s.

Bond market and trade war fears are eroding investor confidence and could push the economy into a recession, the “Mad Money” host says.

“I’d love to say that the optimistic universe is most likely to prevail, but the talking heads talk endlessly about how a recession is inevitable,” he says.


https://www.cnbc.com/2019/08/21/cramer-the-economy-is-good-but-fear-will-drive-us-into-recession.html

[tsptalk]

Jim Cramer: ‘I almost hope China reneges’ on its trade promises


KEY POINTS

CNBC’s Jim Cramer lays out his case for holding a hard-line position in the U.S.-China trade war.

“The economists will tell you that tariffs raise the cost of living. They’re not wrong ... but a lot of their predictions seem overblown. A lot of companies can do a lot to mitigate the damage,” the “Mad Money” host says.

“I almost hope China reneges on its promises so that President Trump can ramp the tariffs back up and get an even better deal later on,” he says.

https://www.cnbc.com/2019/12/12/jim-cramer-i-almost-hope-china-reneges-on-its-trade-promises.html

[uscfanhawaii]

I stand on my previous comment..... :aargh4::aargh4:

[tsptalk]

Cramer: I’m more comfortable buying stocks after Trump discussed coronavirus stimulus


“One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring,” CNBC’s Jim Cramer said.

Trump plans Tuesday to meet with Senate and House Republicans to discuss “a possible payroll tax cut” and other coronavirus relief measures.

“They’re putting things in place. They’re going to stagger them just in case things are bad and get worse,” the “Mad Money” host added.

https://www.cnbc.com/2020/03/10/cramer-more-comfortable-buying-stocks-after-trump-coronavirus-event.html

[jonfresno]

Whoa, that's a huge contrarian indicator from the Bear Sterns man.. . Sell, sell, sell! :D


Cramer: I’m more comfortable buying stocks after Trump discussed coronavirus stimulus



https://www.cnbc.com/2020/03/10/cramer-more-comfortable-buying-stocks-after-trump-coronavirus-event.html

[tsptalk]

Whoa, that's a huge contrarian indicator from the Bear Sterns man.. . Sell, sell, sell! :D

:laugh: True... Although he was on the other side of this just a day ago. He may have added fuel the 2000 point loss on Monday.


Monday: Jim Cramer: Trump needs new coronavirus response approach to reassure the stock market


https://www.cnbc.com/video/2020/03/09/jim-cramer-trump-needs-new-approach-to-reassure-the-stock-market.html?&qsearchterm=cramer

[Bullitt]

A little something for those who haven't quite figured out yet that the market doesn't reflect the economy.


The coronavirus pandemic has produced “one of the greatest wealth transfers in history. I think we’re looking at a V-shaped recovery in the stock market, and that has almost nothing to do with a V-shaped recovery in the economy.

In the end, the stimulus package probably won’t be enough, for one simple reason, it’s not going to work because of social distancing.


https://www.youtube.com/watch?v=15pFQxG9wko&feature=youtu.be

[tsptalk]

A little something for those who haven't quite figured out yet that the market doesn't reflect the economy.

Well, maybe the market doesn't always reflect the economy. Perhaps the market foretells the economy?

Interesting thought... did the inverted yield curve last year really predict this year's negative GDP?

https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.seeitmarket.com%2Fwp-content%2Fuploads%2F2018%2F04%2Fsp-500-bear-markets-recessions-timeline-history-chart.png&f=1&nofb=1

[Bullitt]

Yes, that's what I meant - market forecasts the economy. It's not always right, but it's the consensus opinion that decides market direction. It's not mom and pop moving markets, it's those guys I sometimes post about that hold positions worth $100 million and only comprise 4% of their portfolio. Too often, people make statements like, "the market is so rigged there is no reason for it to be going up because the economic numbers are so bad," then they end up in paralysis and complain because they think their opinion is right.

Inverted yield curve probably did forecast a recession to a degree as the economy was overheated and starting to red-line. Markets were reacting with multiple divergences and signs of distribution as well.


From 2/12: With nosebleed sentiment levels (FOMO on the next AAPL or TSLA), markets keep marching higher on hundreds of billions in liquidity from China and the US combined. It's not different this time. Indicators serve as early warning and are always clear in hindsight.

Breadth has been pretty lackluster during this Corona bounce. Equity PC ratios show call buying hand over fist. Bond prices continue to make higher lows. VIX still above the 50DMA.

https://www.tsptalk.com/mb/members-account-talk/4481-bullitts-account-talk-post632711.html#post632711

Nobody saw this collapse coming, but it pays to watch those internal indicators for signs of a bad moon rising.

If the forced shutdowns didn't happen, the central banks (globally) wouldn't have reacted the way they did. A more natural recovery would have been better for the long term, so unfortunately the next recession will probably be worse than 2008 and 2020.

Oh, and yes, I am a fan of Cramer most of the time.

[tsptalk]

Cramer thinks Wall Street pros may be playing a game with amateur Robinhood traders


CNBC’s Jim Cramer said professionals on Wall Street are taking advantage of amateur investors by bidding up downtrodden stocks in premarket trading.

“It’s a game. If it weren’t securities, let’s say it was Monopoly, let’s say it’s Draft Kings ... it would be so much fun,” Cramer said on “Squawk Box.”

“If people wanted these stocks, there would be plenty of supply if they would just wait until 9:30 a.m.,” Cramer added later on “Squawk on the Street.”

https://www.cnbc.com/2020/06/12/cramer-thinks-wall-street-pros-may-be-playing-a-game-with-amateur-robinhood-traders.html

[Rod]

Cramer thinks Wall Street pros may be playing a game with amateur Robinhood traders



https://www.cnbc.com/2020/06/12/cramer-thinks-wall-street-pros-may-be-playing-a-game-with-amateur-robinhood-traders.html

Nothing new. Pump-n-Dump's have occurred since the dawn of Wall Street. :D

[tsptalk]

‘People should buy stocks’ — Cramer gushes over retail comeback, promising coronavirus drug trial


CNBC’s Jim Cramer said Tuesday that investors should look to buy stocks following strong retail sales data and a positive study on treating the coronavirus.

“I’m not saying things are over. But I am saying that the reaction is that people should buy stocks,” Cramer said on “Squawk on the Street.”

“There’s are a lot of people who have not been in the market,” he added.
https://www.cnbc.com/2020/06/16/cramer-people-should-buy-stocks-after-retail-coronavirus-news.html

[Bullitt]

Wonder what he exactly likes long term. Not this week, but 1-2 years out.

Many of these - we'll call them Millenial traders - would be doing themselves some great justice if they read Cramer's books and maybe tuned into his show every now and then. Most of what is going on now, the highly leveraged bets on short term options for example, goes against everything he's ever said. Just query a random stock on your preferred social media site and it won't be long until you see screenshots of highly leveraged options plays. All it takes is a gap down to wipe out everything. It's been years since I've watched Cramer's show, but he always did stress diversification and wading into positions.

Any of his books explain valuation concepts and how a stock price is just an arbitrary number. PEG and PE are his two favorite valuation metrics. Anyone new to this or anyone that hasn't taken the time, Cramer's books give a great overview of valuation investing. I cringe when I see people say they are buying airlines, Hertz, or Chesapeake because they are 'low'. Keep in mind, the GOAT Warren Buffet completely unloaded airlines a little over a month ago. Sure he could have waited, but Berkshire doesn't like the long term prospects here. (Think about it, how will an airline remain profitable with the middle seat empty? Going to have to raise prices.... even more.)

[tsptalk]

(Think about it, how will an airline remain profitable with the middle seat empty? Going to have to raise prices.... even more.)

Agree. I feel the same way about casino stocks. Less space / fewer seats for slot machines, maximum 6 players at a craps table, and I don't know how they're going to do with poker with normally 9 - 10 players at a table. The buffets aren't open, and there are fewer seats in the restaurants.

[Bullitt]

For those who have followed Davey Day Trader.

"David (Portnoy) gets them into the casino, I'm trying to move them towards the games of skill."

https://www.thestreet.com/video/jim-cramer-investing-is-game-of-skill-not-game-chance

[Bullitt]

Was just talking about this with some other sports fans this week. If it doesn't happen, what will teams/local support do going forward?


Sports fans rejoice! Baseball made a big effort to making a return with Dr. Anthony Fauci throwing the first pitch when the MLB returned Thursday.

However, Jim Cramer told TheStreet's Katherine Ross that he worries the optimism won't carry over to the NFL and his beloved Eagles as coronavirus cases continue to surge in the U.S., surpassing 4 million reported cases Thursday, according to data from Johns Hopkins University.

"How are the Dallas Cowboys going to come up and play the Philadelphia Eagles? No one from Texas is supposed to come up," Cramer said.

When asked if he thinks the NFL can resume safely, Cramer said, "You can't. Period. You can't."

https://www.thestreet.com/streetlightning/news/cramer-return-sports-eagles-cowboys-nba

[tsptalk]

‘Clueless’ investors just keep driving this ‘stupidly bullish’ stock market higher, CNBC’s Jim Cramer says


‘Sometimes the market rallies and it makes perfect sense. Then there are days like today, when I can’t take how stupidly bullish this market can be.’

https://www.marketwatch.com/story/clueless-investors-just-keep-driving-this-stupidly-bullish-stock-market-higher-cnbcs-jim-cramer-says-2020-08-05?mod=home-page

[tsptalk]

Interesting. I had Cramer on and his opening monologue today told a totally different story than than prior post's headline. Now he says, don't bet against stocks because it looks like money managers are betting on a vaccine.

I don't watch him often but I was curious after that article.

[Bullitt]

He was probably masquerading as "Jimmy Chill" later on after that crazy post earlier.

He knows it's the algorithms that move the stocks, not retail investors, though retail investors often get blamed for doing the stupid stuff.

[tsptalk]

Jim Cramer on relief bill delay: ‘If we don’t have a deal, we’ve got to have a sell-off’


CNBC’s Jim Cramer said U.S. stocks’ strong to start August may come to an end if Washington lawmakers do not reach a deal on another coronavirus relief package.

“If we don’t have a deal, we’ve got to have a sell-off,” Cramer said on “Squawk on the Street.”

“It’s not like we can just avoid a deal and say it doesn’t matter. And that’s what I’m getting concerned about.”
https://www.cnbc.com/2020/08/06/cramer-stocks-will-sell-off-if-dc-cannot-agree-to-virus-relief-deal.html

[Bullitt]

Cramer taking a shot at those lucky day traders that were millionaires a few days ago. He's right. Selling won't stop until new money comes in to buy from institutions.

With NAAIM at 90%+ invested, there isn't a massive amount of cash on the sideline to catch the fall like March.


I think the answer is in margin selling, and we are in the thick of it. The newbies only know that stocks go up. I suspect that many are thinly capitalized.

You are always looking for signs of a top. I think that Wednesday, when Barstool's Davey Day Trade put up a picture of the new millionaires that may have been it. Of course, I counseled taking something off the table, but that is forbidden in the newbie world.

The newbies cannot stem the decline and the "suits," as David Portnoy calls them, are so far away from where they would buy -- so many stocks trading at times sales when they would be expensive at times earnings, that you just can sit back and watch it fall to better levels.

https://realmoney.thestreet.com/jim-cramer/jim-cramer-let-s-look-behind-the-scenes-15417510

[Bullitt]

Trying to help the young experts, but I don't think they are listening.


“When we rebound from this sell-off ... I’m insisting you take something off the table ... because it’s rational” to do so, the “Mad Money” host said.

Rotations take time. It won't be over with in a few days.


“We’re witnessing a rotation that’s all about a return to normalcy,” including to airlines, restaurants and retailers, Cramer said. Institutional investors “swap into companies that thrive when the economy accelerates, the cyclicals. Problem is, tech’s gotten so big and the cyclicals have gotten so small that this rotation’s crushing the averages.”

https://www.cnbc.com/2020/09/08/jim-cramer-on-planning-for-a-market-rebound-from-the-sell-off-take-something-off-the-table.html?__source=twitter

[bmneveu]

I agree with some of this and disagree with others. Not sure why I would want to shift into restaurants and airlines when they are probably going to be operating at losses for at least the next few months still. A lot of tech stocks are overpriced from a P/E ratio perspective, but still seem like the best asset class to be in to me.

[tsptalk]

Cramer to investors: If Congress approves a stimulus bill, ‘you can’t be out of this market’


KEY POINTS

“If we get a stimulus package and you’re out of the market, you will feel awful,” CNBC’s Jim Cramer said on Thursday.

“I do feel the stimulus package is very hard to get, ” he said. “But if we do get it, you can’t be out of this market.”

However, the “Mad Money” host advised investors that it might be wise to take profits in high-flying technology stocks.
https://www.cnbc.com/2020/09/17/jim-cramer-on-how-to-invest-if-congress-approves-coronavirus-stimulus.html

[tsptalk]

Jim Cramer recommends buying Big Tech, dividend stocks into further weakness


KEY POINTS

Investors should expect there to be more selling ahead, CNBC’s Jim Cramer warned Wednesday.

But the “Mad Money” host said there are pockets of the equity market that are worth buying.

He said stocks like Apple, Microsoft and Amazon are buys if they face more weakness, while dividend-paying stocks like PepsiCo and General Mills can be bought now.
https://www.cnbc.com/2020/09/23/jim-cramer-recommends-buying-big-tech-dividend-stocks-into-weakness.html

[tsptalk]

Cramer says ‘I wouldn’t bet against this market right now,’ holds out hope for more stimulus


KEY POINTS

CNBC’s Jim Cramer said he’s optimistic about negotiations for another Covid relief package for the economy.

“Talks this morning could be fruitful, and I think that therefore I wouldn’t bet against this market right now,” the “Mad Money” host said.

“The fact that there are still talks at this late date is very positive,” Cramer said.
https://www.cnbc.com/2020/10/05/cramer-dont-bet-against-market-more-coronavirus-stimulus-possible.html

[Bullitt]

Agree here. Some people just do not want to move on.


"At a certain point, how many times are you going to discount COVID?"

https://twitter.com/i/status/1321550626032128003

[tsptalk]

Here's Why I Pulled $100,000 From the Market

These seven concerns are why I took money out of the market for my charitable trust.
By JIM CRAMER


When you go to new highs, you do not look for justifications for why things have gone right. You look for reasons why they could go wrong. If you are not thinking that way, then you aren't demonstrating the kind of critical reasoning that's needed to be a good investor.

So, on the eve of earnings season, let me articulate seven concerns I have that explain some caution I recently demonstrated when I took $100,000 out of the market for my charitable trust, which you can follow along by joining the Action Alerts PLUS club....

More: https://realmoney.thestreet.com/jim-cramer/jim-cramer-here-s-why-i-took-out-100-000-15622709?puc=yahoo&cm_ven=YAHOO

[genod]

Mr. Cramer has a net worth of $100 million, so that is .1% I don't know how much he has invested in total, still..... ;)

[tsptalk]

https://www.youtube.com/watch?v=WvVnS0GNhyY

[tsptalk]

Cramer says ‘I don’t trust this market’ yet, given Russia-Ukraine, Fed rate hike uncertainties


"The market needs to get a little more oversold, because it’s not just Russia, it’s the Fed. So we just got to tread carefully,” CNBC’s Jim Cramer said Tuesday.

Cramer said he thinks Russian President Vladimir Putin will do what he wants to do and won’t be swayed by punitive economic actions: “I think they’re bee stings.”

Given that backdrop, Cramer wasn’t prepared yet to give the all-clear on the market. “It’s foggy,” he said of the Russia crisis and the Fed’s fight against inflation.


https://www.cnbc.com/2022/02/22/cramer-i-dont-trust-this-market-yet-given-russia-ukraine-fed-uncertainties.html

[tsptalk]

Cramer’s week ahead: FedEx’s warning shows the Fed is further along in fighting inflation than expected


CNBC’s Jim Cramer on Friday said that FedEx’s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected.

The “Mad Money” host’s comments came after FedEx, a bellwether company for the state of the economy, warned on Thursday of a decline in global shipments and an impending world recession.
https://www.cnbc.com/2022/09/16/cramers-week-ahead-how-powell-the-fed-may-react-to-fedexs-warning.html

[tsptalk]

Oops. :pat:

I know we've all made bad calls, but this one is cringe-worthy...

However, the host of this video is experiencing a little too much schadenfreude, imo...


https://www.youtube.com/watch?v=vw9IZ7_8XCw

[jonfresno]

Oops. :pat:

I know we've all made bad calls, but this one is cringe-worthy...

However, the host of this video is experiencing a little too much schadenfreude, imo...


https://www.youtube.com/watch?v=vw9IZ7_8XCw

Not sure if this will work, but here's another Cramer classic..

https://www.youtube.com/watch?v=gUkbdjetlY8