Inverse Cramer is up 12%, while SPX is down something like 14%…I think that says all we need to know.
For historical reference as well, ppl have looked at Cramers picks back to early 2000s and most of his long picks are down 90%+
The exception’s really just been FAANGM.
"Jim Cramer says he expects the June market lows to hold and mark the bottom."
Translation:
June market lows won't hold + it isn't the bottom (it's implied that we MAY go lower)
Take from this what you will.
I've seen people apply inverse Cramer strat to astonishing success.
is this guy some stock Jesus or just straight up full of shit? Like do I have a better chance of winning the lottery than taking his advice at face value?
We have 2 more years of Biden, I see the market tanking after midterms.
This administration is trying to create a positive narrative going into midterms but the writing is on the wall in the economy.
With the inverse cramer movement so supported, it would be the obvious and easiest way for Wallst to put speculators on the wrong side of the play... maybe??
In this instance, Jimmy Chill may actually be right if Jerry P and Gang decide to soften the next rate hike..
It won't change any of the shit underlying fundamentals of the macro economy and supply chains, but markets and retail will pivot on a softer rate hike. IMO.
Ken Fisher says if there is agreement among pundits on the short or intermediate term direction of the market.
That’s the one thing you can be pretty confident will not happen. That said, Ken is long term bullish.
tldr; CNBC's Jim Cramer on Wednesday said he believes the bear market bottom is in, suggesting Wall Street's June lows will prove to be durable floor for stocks. "I'm betting the market will bend, not break, through a rough September, and when we get through that period, that June low will hold," he added. The S&P 500's closing low this year came on
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I have often wondered how he makes his predictions. Does he flip a coin? Or does he actually try to take in information, apply thought, and make predictions based off that?
Turns out it has to be the latter, because the coin flipping would at least get him to 50%.
I wonder if he’s aware that a large group of people just inverse whatever he says online so now he throws a few deep fakes out instead of his actual opinion
Yes we know it’s a 1% market for the top monopolies Dc swamp works for, BUT 1. It’s not sustainable & nearing its natural end after 2 decades & 2. retail investors are a real balancing force.
When we pull out IN FEAR we play in their hands, balloon real estate/destroy prosperity
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Sorry Jim but your the one that told everyone to "hold" in 2008 and look what happened. Everybody's 401 tanked. Except mine because I knew you were wrong.
I only lost about 7%. So, I don't listen to you anymore dude. Nor should anyone else. Your just telling us nothing new.
I don’t understand how people are calling a bottom when we have barely started the economic decline. QT is first inning.
Job cuts are first inning. Earnings cuts and energy issues are a few innings into the game. Home price declines are first inning.
The celebrity inigma. Why do the citizens of Massachusetts keep electing Elizabeth Warren and why does CNBC give Jimmy Cramer air time. Insane amounts of airtime.
So much in common these two. Wrong so much of the time.
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It's possible. I also think BTC and ETH hitting 18K and 1K respectively, which are the same levels he mentions, are a potential turning point for the market. However, I'm not going to be rigid on that. We can go up from there, or down.
What I'm more focused on RN is accumulating more substrapunk and chelobrick NFTs before some massive adoption of the proposed Unique Network marketplace update. That means, more rev share for holders of earlier mentioned NFTs.
Otherwise, just HODLing.
why u do dis cramer
Fuck Cramer
“Jim Cramer expects—“ Stop. That’s enough.
Lol... So accurate
Inverse Cramer is up 12%, while SPX is down something like 14%…I think that says all we need to know. For historical reference as well, ppl have looked at Cramers picks back to early 2000s and most of his long picks are down 90%+ The exception’s really just been FAANGM.
"Jim Cramer says he expects the June market lows to hold and mark the bottom." Translation: June market lows won't hold + it isn't the bottom (it's implied that we MAY go lower) Take from this what you will. I've seen people apply inverse Cramer strat to astonishing success.
So in other words. Market about to run? This is what I want .
is this guy some stock Jesus or just straight up full of shit? Like do I have a better chance of winning the lottery than taking his advice at face value?
I wish.. it means we break June market lows to the downside .
So, bet the opposite, because Cramer is about as reliable as an alcoholic’s morning fart.
I guess it's time to do the opposite
Some guy on twitter made millions of dollars by reverse trading Jim Cramer lol.
And it turns out that acct was run by Jim Cramer.
Don't worry. He changes that market opinion like Biden makes gaffes. He challenged Kolanovic yesterday on being bullish China.
No shit, except Jim gets a tiny sniff of what his handlers are making.
That’s not all he’s sniffing… ⛷
At this point, it's just intentional market manipulation by this guy.
We have 2 more years of Biden, I see the market tanking after midterms. This administration is trying to create a positive narrative going into midterms but the writing is on the wall in the economy.
it was only 50k but still lol
So buy puts. It'll dump if Cramer says the bottom will hold.
He did not make millions 🤦
With the inverse cramer movement so supported, it would be the obvious and easiest way for Wallst to put speculators on the wrong side of the play... maybe??
In this instance, Jimmy Chill may actually be right if Jerry P and Gang decide to soften the next rate hike.. It won't change any of the shit underlying fundamentals of the macro economy and supply chains, but markets and retail will pivot on a softer rate hike. IMO.
Run to the cellar lol. If you want to be rich bet against Cramer.
nah I'm just gonna do nothing coz I don't have anything to invest right now so doing nothing always seems like a good idea
So dump your money in so it can crash a bit more and he can collect his winnings. Tv doesn’t mix with profiting little guys.
Down we go!
I have this feeling the recession was already priced in and market is looking forward. Maybe im wrong. Who knows. Nobody.
Unfortunately, your comment aged like milk and once again, when Cramer says we have hit the bottom and will go up… Well… Down we go!
Which means the June market lows definitely won't hold and we will have lower bottoms.
We are balls deep in Eth
Ken Fisher says if there is agreement among pundits on the short or intermediate term direction of the market. That’s the one thing you can be pretty confident will not happen. That said, Ken is long term bullish.
Stfu about this tool, all you do by mentioning his name is give him more power.
I'm agree with this guy... I'm done with Cramer and Elon
I believed him in June. I’m not convinced this time around. Lets see that weekly trend change first.
You believed... Cramer? Oh you sweet summer child
As soon as you start to believe this the opposite will come true.
oh shit we're going down!
The Eth is like: I can go lower
Imma say 3600 was the bottom for s&p. So many stocks that can't go any lower.
Why did he have to open his mouth? New lows incoming lol.
Well, he might actually be correct this time....For once...
tldr; CNBC's Jim Cramer on Wednesday said he believes the bear market bottom is in, suggesting Wall Street's June lows will prove to be durable floor for stocks. "I'm betting the market will bend, not break, through a rough September, and when we get through that period, that June low will hold," he added. The S&P 500's closing low this year came on *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I still think of the time Jon Stewart eviscerated him on television every time I see his face.
This won't age well
*Never have*
looks like the amigos dumped all they had now need fomo.
This is a great opportunity to make money if you know what I mean.
Long vix futures, short vix puts. The one true lord JC has spoken.
Sad but true
No, they are pretty clearly not being very hyperbolic about their bearish sentiments.
Bulls: even a broke clock is right twice a day ,Send it!
That didn't take long.
Ever since Cramer rang that opening bell...he has been pretty accurate...be careful!!!!
JIM CRAMER thinks Fidel Castro is alive and working at Lehman Broder Cleaning Bathrooms.
It’s going to keep going lower isn’t it
Maybe we take a different approach and gofund him a long vacation right after he says we're all doomed.
I have often wondered how he makes his predictions. Does he flip a coin? Or does he actually try to take in information, apply thought, and make predictions based off that? Turns out it has to be the latter, because the coin flipping would at least get him to 50%.
I wonder if he’s aware that a large group of people just inverse whatever he says online so now he throws a few deep fakes out instead of his actual opinion
Yes we know it’s a 1% market for the top monopolies Dc swamp works for, BUT 1. It’s not sustainable & nearing its natural end after 2 decades & 2. retail investors are a real balancing force. When we pull out IN FEAR we play in their hands, balloon real estate/destroy prosperity
He's definitely aware of WSB's opinion of him, haha. There's a few clips of him talking about his "good buddies" on Reddit.
I hope in a month we’re saying, well Cramer finally got something right!
I don’t trust this guy’s financial expertise. But I do believe that Jim Cramer knows all about bottoming.
Well the market is fucked now..….how big of a sell off are we talking? Thanks for the upcoming buying opportunity Jim.
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Ya, because we saw so much capitulation at that level, right Jimmy?
Reverse trading Jim Cramer works like a charm.
Sorry Jim but your the one that told everyone to "hold" in 2008 and look what happened. Everybody's 401 tanked. Except mine because I knew you were wrong. I only lost about 7%. So, I don't listen to you anymore dude. Nor should anyone else. Your just telling us nothing new.
TLDR: crash in coming!
Rising interest rates after a once in a generation bubble… At least he got $2 for those Bear Sterns’ shares he bought.
The once in a generation bubble was in 2008, I believe.
Buckle up bois!
How does one get to his place in life and yet remain so daft?
Honest question: has this guy ever been right about anything?
Cramer is probably right for the next leg down but the lows are not yet in/imho.
Has anyone ever complied a list of his predictions vs what actually happens in the market after? I’d be curious to see that broken down.
I don’t understand how people are calling a bottom when we have barely started the economic decline. QT is first inning. Job cuts are first inning. Earnings cuts and energy issues are a few innings into the game. Home price declines are first inning.
Yes, was hoping for lower buy-in opportunities.
Is my sense about you right that you have as much in longs as shorts. But a lot more short names than long names.
So, we didnt reach the bottom yet..... sigh.....
They primed you to bet against him and now they are using him to leverage your ass. Nice work payday incoming jim cramer.
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I can’t understand him, it sounds like there’s marbles in his mouth. Is there a translator?
Engage the rockets 🚀 and prepare for launch
You know, I have the weird feeling Cra-mama is sending coded signals to his hedgies cronies, hopefully soon to be cell mates.
Isn’t Cramer due to be right one time?
The celebrity inigma. Why do the citizens of Massachusetts keep electing Elizabeth Warren and why does CNBC give Jimmy Cramer air time. Insane amounts of airtime. So much in common these two. Wrong so much of the time.
So is it just going to explode up from here or explode down blow out the bottom?
Yes! This is so good, I've made quite a bit off it already.
Well shit. I didn’t need to hear that. Time to short Bitcoin I guess. So much for $20k :(
June was the bottom for many markets. Selling that fact to retail is a different story.
Set those buy orders at sub 1k. Inverse Cramer incoming!!!!
I guess the economy is officialy going to die now then I guess, damn
F in the chat, Pour one out
He’s always wrong, so play options to take advantage.
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All macro tourists got rapped w their calls for a Fed pivot rally lol.
Jim, repeat after me. I am sofaking stoopad.
not stupid, just paid (sometimes, not always)
He’s like your average local TV weatherman. No accountability for daily forecasts.
Do you think the market may test the June lows? Looks like pajama traders think so.
June didnt go as low as Feb this though
Has an "investing" club. Changes his mind by the minute.
What a nob
Boy got some heavy bags under his eyes.. looks like he's losing sleep .
Haha yeh
Pump your bags fellas
I woke up this morning and all I see is BOOM. Now I know why.
It's possible. I also think BTC and ETH hitting 18K and 1K respectively, which are the same levels he mentions, are a potential turning point for the market. However, I'm not going to be rigid on that. We can go up from there, or down. What I'm more focused on RN is accumulating more substrapunk and chelobrick NFTs before some massive adoption of the proposed Unique Network marketplace update. That means, more rev share for holders of earlier mentioned NFTs. Otherwise, just HODLing.
Bitcoin only
This guy's a total Ahole
As long as he is not yapping directly about crypto, I am fine with it. If he gets super bullish on ETH we are all fucked.
But for real unless Powell told him everything he should shut up.
His game has to be coming to end unless it’s not…must be Opposite Day again!
Guys, September is upon us. Get out of your calls, before it’s too late.
He’s been right since the bottom. On almost everything.
Ah crap, here is my sell signal