Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
Table of Contents
Monday, Jan 15
Martin Luther King Jr. Day
Tuesday, Jan 16
I’ll back Moderna here. Even debated the capital trust but I have to let in some of the less speculative ones.
-On Moderna ($MRNA)
That is the best one of the silver companies. But they really shelled that group, I was looking for Gold today, holy cow, they crushed it.
-On Pan Am Silver ($PAAS)
You just buy it. There’s a lot of belief that the budget deficit is a problem for them, I think the problem for them is there are just enough buyers of the stock, and they will happen. I want you to hold on to that.
-On Lockheed Martin ($LMT)
Wednesday, Jan 17
Bungee is a battleground stock. The whole agriculture complex has become a battleground. I’m not going to wait in there. I want that stock to bottom before I’m going to make a move.
-On Bunge Global ($BG)
4.4% yield, Sloat is doing a great job, I think the stock is a (Buy, Buy, Buy).
-On American Electric ($AEP)
Intel is a big winner, and I think you’ll be fine.
-On Intel ($INTC)
We missed it. This company has history of doing great numbers, bad numbers, great numbers. We missed it, we’re too late, we have to own that, and we have to move on.
-On WD-40 ($WDFC)
BONK coin now has a larger market cap than Spirit Airlines. God I love financial markets😂 pic.twitter.com/fFkIkdcMxy
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 17, 2024
Thursday, Jan 18
Going back over what the great Larry Williams would say about Bitcoin. He says we’re really kind of at the beginning of one of the most major collapses he’s ever seen. So I don’t think I wanna go to $MARA. I think I wanna stay away from Bitcoin. By the way, for those who are in Bitcoin, nothing bad to say.
-On Marathon Digital ($MARA)
When rates go up, people sell gold. That means you should buy gold. We buy gold for insurance. If your car insurance goes down in price, would you just say I don’t want to own that, no. You buy more. I want you to buy some gold.
-Barrick Gold ($GOLD)
Caterpillar is going to have a terrific year. Don’t be dissuaded about China or oil prices, whatever. CAT is about infra, and infrastructure is going to be big in 2024. The checks are in the mail.
-On Caterpillar ($CAT)
Inverse Portnoy? Legend https://t.co/EPlreziGC6
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 18, 2024
Friday, Jan 19
I don’t know what mortgages they have. So, therefore, I cannot recommend the stock, and I suggest that you do not own it.
-On Invesco Mortgage Capital ($IVR)
On Semi is related to the autos, and the auto market has turned down because the feds raised rates so high. You’ve got to wait till the fed cuts rates to come back and you can buy one.
-On Semi ($ON)
I think you should pick up the stock. It’s a reverse head and shoulders pattern btw. It yields 3.5%, it’s very inexpensive, and people buy it at Home Depot. You should be buying Stanley Black & Decker.
-On Stanley Black & Decker ($SWK)
BEST RECESSION EVER pic.twitter.com/nuLmNxaLtW
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 19, 2024
Cramer Classic
Bullish pic.twitter.com/IwRLGOADHL
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 17, 2024
Weekend Bonus
🚨Nancy Pelosi's $NVDA $5M call option purchase is already up 23% since she filed on 12/20/23
— Insider Tracker (@TrackInsiders_) January 19, 2024
Best to ever do it pic.twitter.com/nm5eC9IdcJ
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
Enjoy the week ahead.
-IC
Disclosures
- This issue was sponsored by our friends at Tuttle and L5 Automation
- Neither the author nor the ALTS 1 Fund has no holdings in any companies mentioned in this issue
- This issue contains affiliate links to TradingView. If you sign up we get a few bucks.