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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!)
On one hand, Jim has been adamant for weeks that “we’re in a bull market.”
On the other hand, he’s starting to get cold feet about interest rates.
March 2, 2023
He says “the problem right now is the weakness is all anecdotal,” and warns that investors who think rates are peaking out right now seem too bullish to him (?!)
No real rally unless rates stabilize at ANY level!— Jim Cramer (@jimcramer) February 28, 2023
Not sure how you square a bull market with rates that won’t stop rising “until food wages housing stop going higher.”
Please, make it make sense
Monday Feb 27
This is their time if they don’t screw it up. – On Boeing
I think they go higher. He’s cutting back expenses, he’s gonna cut back capital expenditures, he’s doing everything he can. – On Meta
Need we remind you Jim gave up on Meta at exactly the worst possible time.
Meta is now up a remarkable 85% since Jim gave up on it. Insane. pic.twitter.com/eH1Fh5iITq— Inverse Cramer (Not Jim Cramer) (@CramerTracker) February 1, 2023
A rare moment when a caller asked about Vontier and Jim wasn’t familiar. Turns out they’re a mobility company.
Tuesday Feb 28
It goes down everyday and is really starting to get on my nerves. I don’t care.
– On Eli Lilly
I’ve been wrong on them because the price of gold has been very bad, not because they’re bad!
– On Barrick Gold
congratz to Zoom on beating the numbers!— Jim Cramer (@jimcramer) February 27, 2023
Congratz! Last month you said Zoom needs a merger.
Wednesday Mar 1
It’s restructured, it’s a very good stock to own here.
Wednesday had one of the most awkward Lightning Round moments I’ve ever witnessed:
Thursday Mar 2
No calls today
Friday Mar 3
Jim telling people to buy Tesla AFTER it’s already +100% this year is why Inverse Cramer is a great strategy 😂
Could be explosive! Buy Tesla https://t.co/OWqhUYraWS— Jim Cramer (@jimcramer) February 27, 2023
…and like clockwork:
Tesla nearly -10% since Jim said to buy just 3 days ago pic.twitter.com/67W0YNfrKz— Inverse Cramer (Not Jim Cramer) (@CramerTracker) March 2, 2023
Cramer: buy garbage pic.twitter.com/K6IUsoUr8t— Inverse Cramer (Not Jim Cramer) (@CramerTracker) March 1, 2023
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
Enjoy your week.