Cramer... the most reliable stock-picker of all time. All you have to do is the OPPOSITE of whatever he says.
Well his track record is impeccable so there is that. :)
Jim Cramer? The opposite will happen.
I dropped $50K into the market on that Tuesday, 1987.
Best buying opportunity of my life.
If you don't have cash in hand ready to jump on an opportunity like a 22% off Shopping Spree Tuesday then you're a retard.
Stocks actually finished up for the year in 1987 despite the temporary pullback in October 1987. That being said, this could possibly work against Trump the Republicans for 2026. We need to get the tax cuts made permanent and possibly replace two SC justices so we don’t need to give the enemies in the media and in DC anymore ammo to use against Trump going into 2026. People vote with their wallets.
If Monday has a crash, buying opportunity with 2 year holding period.
1987 ended as an up year for the market. Total return of s&p 5.25%
They are working hard to create it. Will they succeed?
My son has been speculating for over a year now that a crash is coming and he’s been expecting it to be no later than this summer so it can be blamed on Trump. And that its timing is going to be deliberately triggered by TPTB.
I can’t disagree with him. It makes too much sense for the left to inflict that kind of hardship on American citizens to further their agenda, just as they have before.
I remember that.
The day after was Gold Tuesday.
I sold everything I had and dumped it into the stock market.
Doubled my money in a few short months.
What goes up must come down.
What goes down comes back up again.
Quoting Jim Kramer on the stock market is like quoting Alfred E Neuman on dating advice. What’s Kramer batting now days?
The stock market is in a panic herd mentality. The VIX is sky high and not calming a bit
Its going to probably suck monday and tuesday but by weeks end i think (very amateur so not advice) that there will be a fire sale with long term solid gains. president trump blew over the house of cards and is now laying a solid foundation. This could be a once in a 40 year opportunity to build incredible and solid wealth
Sigh - Might as well change your screenname to “Henny Penny/Chicken Little”....
The stock market is fickle and only loosely correlated to the economy.
The only time a stock price is tied closely to the company’s assets and liabilities is at the time of the IPO. That’s how they set the price.
Once that’s done, it’s now just “secondary market” where the price is basely solely on what people buy and sell it for.
Stock prices are generally overvalued because of all the 401K money that pours in. Just like a subsidy, that flood of cash lifts the pricing.
He is never right anyway. I for the life of me do not know why people listens to him.
Can’t lose doing opposite of Cramer suggestions!