I’m in favor of the S&P 500 as an index fund. That’ll be terrific, that’s where my retirement is in, that’s where your retirement should be. I like diversification.
-On Fidelity ($FNF)
They had a terrific quarter. It’s not a hype, it’s a reality. It’s a very very good company -On Spotify ($SPOT)
It’s the only Chinese stock that I’d recommend. If you have to buy a Chinese stock, that would be the one. I don’t think you should, but that’s the guy -On Alibaba ($BABA)
You should have 10% of your portfolio in Gold as a hedge against everything else. It’s an excellent yield play. It’s a royalty trust. I like it very very much. I would be a buyer -On Franco-Nevada ($FNV)
You’ve got to cut that position tomorrow (SELL, SELL SELL). Why? I didn’t like the Home Depot foreign numbers. I’m worried about lows. You take the profit and run! – On Builders ($BLDR)
David is a very good executive and a terrific guy. The company did have a good quarter, but that’s maybe an opportunity to (SELL, SELL SELL). It’s a very competitive space. -On Roblox ($RBLX)
First SVB, then First Republic, then First Horizon, and now Western Alliance. It’s just a never-ending stream of wrong calls.
Jim’s been all over the place with his stock, making directionally wrong calls at both the highs and lows. Back in September 2022, he called Nvidia a loser at $130. It’s up 125% since then.
What a week it’s been. Apologies for the crass headline, but boy did Cramer make a bad call on SVB. Like really bad.
Last week was a short one. JC made a bunch of buy calls, then fucked off to enjoy a 5-day weekend. (That’s 3 vacations this year already — the guy knows how to live!)
It’s been a month since Cramer said we’re in a “bull market,” and two weeks since he reiterated “we’re still in a bull market.” The market, however, doesn’t exactly look bullish, and he seems confused.
Jim triple-reiterated that “we’re in a bull market” — strong words that will almost certainly bite him in the ass later
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