Keyword: jimcramer
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At this point in the vaccine rollout, most believe that there’s nothing that can be done to convince those who refuse to get vaccinated to change their minds. President Biden’s attempts to force a federal mandate on workers via OSHA was blocked by the courts. But that hasn’t stopped Wall Street from barring the unvaccinated from its facilities, even though vaccinated employees are just as likely to spread the virus. Not long after Citi became the first megabank to announce plans to fire workers who refused to comply with vaccination policies, private equity giant Blackstone will now prohibit any workers...
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"You can tell Jim Cramer isn't used to hearing USA chants on the NYSE floor," Seifert joked. Patriotism was on full display at the New York Stock Exchange Thursday morning as PublicSq went public. Chants of "USA!" rang out before founder, chairman, and CEO Michael Seifert rang the legendary opening bell, signaling the beginning of a new chapter for the patriotic online marketplace. Members of the PublicSq team, including Donald Trump Jr, stood on the balcony overlooking the trading floor as supporters cheered them on. Before long, chants of "USA!" filled the air, only stopping for Seifert to ring the...
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... Seifert posted a video of CNBC's Jim Cramer speaking about PublicSq and wrote, "You can tell Jim Cramer isn't used to hearing USA chants on the NYSE floor. The largest network of non-woke businesses in America is officially public." ... On Thursday, PublicSq went public on the stock exchange following a "business combination" with "Colombier Acquisition Corp. (NYSE: CLBR) ("Colombier"), a publicly traded special purpose acquisition company." ...
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Conservative marketplace Public Square has gone public. Patriots have a parallel economy to battle woke companies! Public Square, which is an online directory of pro-freedom businesses, went public on the NYSE on Thursday. 7 Reasons to Stock Up on Long-Term Storage Premium Beef Right Away “PublicSq. now has over 1.1 million consumer members active on its platform and more than 55,000 businesses, 90% of which are small businesses. Accounts are free for both buyers and sellers.” Fox Business reported. So, what does this mean for freedom-loving Americans who are tired of woke businesses? In a nutshell, this gives people an...
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CNBC’s Mad Money host Jim Cramer just can’t seem to ever catch a break in his favor. He made yet another premature prediction that ended up crashing and burning just hours later. Cramer predicted during the July 6 edition of his show that “red-hot” numbers by the Bureau of Labor Statistics were set to drop following ADP Research Institute’s recent report suggesting 497,000 private sector jobs were added to the economy in June. The BLS numbers were supposedly going to be “more impactful than ever,” chimed Cramer. “I think we’re going to see a smoking hot [BLS] jobs number and...
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VIDEOPerhaps the most amusing part of James O'Keefe's recent OMG video about BlackRock was when recruiter Serge Varlay explained the economic theory of the "Inverse Cramer" in which one can make money by doing the opposite of what CNBC's Jim Cramer recommends. Therefore I thought it would be interesting to see what Cramer's thoughts about BlackRock and its CEO Larry Fink were over the years. As you can see, Cramer has given a big thumbs up to both BlackRock and Larry Fink. What could this mean?
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VIDEOIt's all over for CNN. Not because of the problems caused by their CEO Chris Licht who was just fired. No, what has really doomed CNN was the good tidings prognosticated by the Eddie Mush of CNBC aka Jim Cramer.
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VIDEOWhen the Chairman of the Federal Reserve Jerome Powell starts sounding like Jim Cramer then you know the American banking system is in deep deep trouble.
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VIDEOJim Cramer has once again proved his infallibility. Namely he never fails to be WRONG. So is there a cause and effect at work here? And was First Republic Bank DOOMED because weeks ago the words "Business as usual" passed Cramer's lips in regards to that bank? If the Jim Cramer curse is in effect won't that make the entire financial system DOOMED as well because of his assurance that despite the recent bank failures "there is no systemic contagion?"
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It’s a wonder whether being on the opposite side of stock market reality is just in the job description for CNBC host Jim Cramer. He haphazardly doubled down on an embattled stock that plunged soon after. Cramer took to Twitter at 6:14 a.m. on April 25 to say that “It looks like First Republic v. everything else judging from these fine earnings.” His tweet did not age well. By close-of-business on the same day, First Republic Bank shares took a nearly 50 percent nosedive. This meant that First Republic Bank extended “its year-to-date losses beyond 90%. It closed at $8.10...
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I regret to inform you that Jim Cramer has claimed another scalp. The notorious “expert” who has produced some of the worst financial takes in history saw another one of his anti-predictions come to fruition on Tuesday after it was reported that First Republic Bank will be seized by the federal government.To set the stage, a month before Silicon Valley Bank collapsed earlier in the year, Cramer famously recommended its stock as a “buy” at $320 a share. In 2022, he recommended people buy into Signature Bank. By 2023, Signature Bank had shut down.Following the collapse of those banks, Cramer...
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CNBC host Jim Cramer just can’t stop saying dumb things. The Mad Money personality is now claiming the recent banking fiasco in the past week means the Federal Reserve is turning a corner on inflation. Cramer apparently hadn’t learned from the mockery he received for his horrific February call that Silicon Valley Bank was a buy at $320 a share before the stock collapsed a month later. During the March 14 edition of his CNBC show, Cramer fawned how he had been a big “supporter of Jay Powell, our Fed Chief” — the same person who tried to hoodwink Americans...
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I am not a major consumer of financial news. I have a sense of how the economy works, in broad strokes, but as for the specifics of how particular sectors of the economy are doing at any one time, and what is happening at individual companies, I just am not up to speed.In general, I rely, as most people do, on the reporting we get from the media. How else are average people supposed to get information? Pour through the financials of corporations and try to put together a patched-together picture of the whole? Not going to happen.I let others...
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Things have been rocky on the economic front since Silicon Valley Bank collapsed on Friday. Known for its focus on ESG and DEI, the demise of SVB marked the second-largest bank collapse in US history. That has faith in the banking system at levels not seen since 2008. It also has the government bailing out millionaires and billionaires again.Isn’t Joe Biden doing such a great job?But I digress, there’s another man who has found himself at the center of discussions in the midst of all the chaos. That would be Jim Cramer of CNBC. The “Mad Money” host has a...
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Betting against the stocks that CNBC host Jim Cramer promotes appears to be a surefire way to make a fortune in the current stock market. Cramer dumped a new load of bad stock advice during the fallout from the Silicon Valley Bank (SVB) collapse. He tweeted March 10 that “[First Republic Bank (FRC)] is new focus... very good bank.” However — just three days after Cramer’s tweet — FRC’s stock value took a 65 percent nosedive during premarket trading on Monday morning after declining 33 percent the prior week, according to CNBC. Cramer just can’t seem to catch a break...
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SVB CEO and President Gregory Becker sold over 12,000 shares for $3,578,652.31 on February 26, while CFO Beck sold $575,180 in stocks in a separate transaction on the same day. Ahead of the collapse of the Silicon Valley Bank (SVB), many of the company’s top executives sold their shares worth $4.5 million in the company. The bank’s Chief Executive Officer Gregory Becker, Chief Financial Officer Daniel Beck, and Chief Marketing Officer Michelle Draper sold their shares of the bank’s parent company SVB Financial Group. While CEO and President Becker sold over 12,000 shares for $3,578,652.31 on February 26, CFO Beck...
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CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday. “The ninth-best performer to date has been SVB Financial (the bank’s parent company). Don’t yawn,” Cramer told viewers during a Feb. 8 episode of “Mad Money.” Cramer listed SVB Financial among his “biggest winners of 2023 … so far” alongside blue-chip stocks such as Meta, Tesla, Warner Bros. Discovery, and Norwegian Cruise Line. “This company is a merchant...
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Yet another of CNBC host Jim Cramer’s hot stock market takes just fell harder than President Joe Biden stumbling up the steps of Air Force One. Cramer listed his top ten biggest stock “winners of 2023” during the Feb. 8 edition of CNBC’s Mad Money. In the ninth spot for Cramer was Silicon Valley Bank’s parent company, SVB Financial Group. Cramer characterized the institution as a “merchant bank with a deposit base that Wall Street has mistakenly been concerned about.” In Cramer’s ludicrous view, the stock was a good buy because “being a banker to these immense pools of capital...
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VIDEO Give Jim Cramer credit. His investment advice is almost infallible... You can't lose as long as you do the OPPOSITE of what he says.
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CNBC’s Jim Cramer on Monday said that it’s time to acknowledge that his group of Big Tech FANG companies are no longer market leaders. The acronym, which was first coined by Cramer, stands for Facebook parent Meta Platforms, Amazon, Netflix and Google parent Alphabet.
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