Posted on 04/07/2025 6:43:17 AM PDT by Red Badger
Usually when Jim Cramer makes predictions, the exact opposite happens, so let's hope that's true today.
If the president doesn't try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario … the one where we went down three days and then down 22% on Monday, has the most cogency.
So if we follow Cramer's usual inverse trend, this means we're gonna see amazing financial growth?
Cramer said that on Saturday, but then on Sunday he said this:
'I'm not going to panic' — Jim Cramer on Sunday's stock futures sell-off https://t.co/gIoWbtr2Uv— CNBC (@CNBC) April 7, 2025
"Jim Cramer says not to panic" https://t.co/40NT4Bg28Z pic.twitter.com/OHdWQDA6wc— Wall Street Memes (@wallstmemes) April 7, 2025
So it's going to be the apocalypse but everything will be fine? How do we interpret this one, folks??
President Trump, for his part, harnessed his inner Joshua 1:9 and commanded America to be strong and courageous:
Be Strong, Courageous, and Patient, and GREATNESS will be the result! pic.twitter.com/lig0DccOSL— Rapid Response 47 (@RapidResponse47) April 7, 2025
Here's how global markets stand ahead of the 9:30 a.m. EST opening bell on Wall Street:
Amid the falling market and crashing inflation, the Federal Reserve is meeting behind closed doors to discuss things.
I have absolutely no clue what's going to happen but I hope Cramer stops making predictions before he summons Cthulhu to destroy us all.
The plan was released a MONTH AGO on notorious internet board - Liberal Hivemind
Money you need in the next 3 years shouldn’t be in the stock market.
The market has become stupidly over-valued because of Biden turning on the printing presses and our print and spend Congress, that money had to go somewhere so it inflated stock prices well beyond reasonable valuation. The S&P needs to drop to 4,000 to get even close to historic valuation norms.
You don’t gain or lose until you sell, if your timeline is long enough, everything will be fine.
Democrat definition of a bear market: "Under no circimstances will a decline in indexes be called a bear market if a Democrat administration is in place. If however, a Republican administration is in place, any index above zero will be considered either a bear market or an impending one."
It’s in the green now.
We’re glad our investments guy moved us more into bonds and fewer stocks.
Anyhow, it’s doubtful that Cramer’s dreams of the demise of America will come true. He’s been wrong much more often than he’s been correct.
I felt fine when the market was at 38,000 last year. Last year we were told Joe’s stock market was great.
I’m not ready to panic yet.
Bkmrk
Even the DAO tickers are rigged. They are all showomg a loss today of 2% but they shifted the opening value of the DAO up 1000. Nice trick.
Warren Buffet, the beset investor ever by track record:
“Be fearful when others are greedy, and greedy when others are fearful.”
I'll check in again in about six hours, to see if there is any movement, in either direction. FWIW, all my accounts are at zero change so far.
Let's see who blinks in the poker game of tariffs.
62 percent of Americans do not have stock portfolios. I am betting thats comes from the Gallup poll which is skewed and distorted.
Lolz. now it dipped again
lolz, and I like Captain D’s. Honestly I was looking for dip buys over the weekend
They call him Inverse Cramer
Now is the time to buy. There are some great bargains out there.
It is - but if you prefer the Federal Reserve’s data, the number is still 58%.
However, I would argue that distorts low (as does the gallup poll) simply because even someone saying “I don’t have a 401k/IRA/etc, I have a pension!”
You have no direct control over the pension fund, granted, but guaranteed it has substantial assets in equities (hopefully, broad-based, less risky ETFs).
...and you don’t have to look far to find pension holders who get letters telling them benefits are being cut.
The details on that says “households”; which 1 person from a household qualifies; that could be anybody. It deceptively seems like its larger than it is, purposely. I am just calling out the specious claim; personally I am both taking a bath and buying the dip.
Why? Manage the portfolio. Buy American stocks. They'll probably do well.
Oh, wait, you chased Anti-American foreign stocks all this time and now are getting slaughtered. You're not fully extended into those foreign stocks, are you?
Why is that clown still on TV? Sell Sell Sell...
For the last 30 years - the S&P 500 has outperformed the foreign equivalents (European STOXX 600, etc).
That has changed the last 3 months - the STOXX 600 is beating the S&P 500. We’ll see where we close today (so far? ahead of the Asian and European exchanges), but last Thursday and Friday? The US indices took a worse beating than the foreign exchanges.
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