CNBC’s Cramer: ‘Reluctant’ to Say Market Sell-Off a Buying Opportunity

Breitbart ^ | 11/26/2021 | Trent Baker

[ChicagoConservative27]

CNBC anchor Jim Cramer on Friday reacted to the market sell-off over concerns of a new coronavirus variant.

According to Cramer, Friday’s decline for stocks is not the right time to buy with the market uncertainty.

[ChicagoConservative27]

Has Kramer ever been right??

[MeneMeneTekelUpharsin]

lolol. Rarely. That was too funny!

[Common Sense 101]

That dumbass Cramer ever provides any kind of advice on a specific stock or the market as a whole, bet the farm on the opposite...

[Flick Lives]

Didn’t Cramer say Lehman Bros. was fine?

https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon

[DoughtyOne]

I have no idea how this market could remain as high as it is.

Biden and company are doing everything they can to absolutely
destroy the economy. From trucking, to ports, to oil
pipelines, to going after coal and natural gas as well,
it’s amazing anything survives.

To my way of thinking, and look I’m saying this with at least a
little tongue in cheek status, the market is worth about
half or less what stock prices today are.

I’m sure some people could run up some evaluations to make
that look like nonsense, but if I’m reading my imaginary
tarot cards right, we’re about three months from another
lock-down.

China has something up its sleeve right now. Russia is going
off the deep end as well.

Our own military is focused on just about anything but a
foreign power engagement.

This world is terribly unstable. The doomsday clock
should be at about 11:59:59.9999.

Other than that, have a nice day.

[Harpotoo]

Meaning tip of the market drop. Personally I’m surprised it took so long to get here.

[Bernard Marx]

I agree. I’m mainly in cash right now and I’m terrified — don’t know which way to jump. Finding the right combination of safety, liquidity and inflation protection is mind-boggling.

[SaxxonWoods]

“Has Kramer ever been right??”

Yes, often. And his Charity Fund has made huge money.

I’ve made money taking his advice (when I agree with him) and I’ve already got Chevron (CVX) on my buy list. His last really good pick that I bought was Regeneron. Sold it recently for my best percentage profit of the year. Don’t know what’s it’s done since but it was looking tired.

[SaxxonWoods]

Just buy some preferred stocks under their call price and sleep well.

[SaxxonWoods]

After this “crash” the S+P 500 is “only” up 26.2% over the last year.

Panic!

[DoughtyOne]

I think you do the best you can, and realize that if it all
goes south, it all goes south.

I pretty much play things as if things are normal. What
else can you do?

I have my food and transportation pretty well handled, but
there again, there’s only so much you can do.

[ncfool]

I bought Chevron this AM at 112.60 I think its a good value. I also bought OKE which is a natural gas company.
Federal Express
UPS and Boeing.
Was sitting with cash getting no return so I took a flyer. I am looking long term where i’m ok for 24 months or more. Assuming that the entire market does not go down.

There is no place to keep cash if you want a return other than the stock market.

[TexasGator]

“Has Kramer ever been right??”

He usually takes both sides so later he can say he was right.

[jdsteel]

The next debt limit battle will cause more heartburn, but my guess is that this “Nu” variant scare is nothing more than a way to temporarily cool inflation and energy prices.

COVID, the Democrats Swiss Army knife.

[Varsity Flight]

Sell off

Excuse for another TARF

[SaxxonWoods]

I’ve been watching OKE. I have a barbell with energy/commodities/banks/bond-short on one end and various preferred stocks/ETFs that pay 3-7% on the other end. Overall yield is around 4%.

[alexander_busek]

“Has Kramer ever been right??” Yes, often.

I can confirm that!

I strictly follow his recommendations, and have broken even roughly 30% of the time, and lost money only about 40% of the time.

Regards,

[Carriage Hill]

The market is so over-inflated and over-priced, it’s headed for a major correction, or crash. “When” is the only question.

[Sam Gamgee]

Kramer is a boiler room fraud. But so is that network. I’m god smacked that any ONE listens to Cramer or watches CNBC. Or Neil Cavuto for that matter. That dolt was talking up real estate right up into the 2008 bubble.

[Sam Gamgee]

Oil stocks especially are way too high right now.