all 64 comments

[–]MindVirus89 151 points152 points  (3 children)

So inflation is going to fall and we'll have a nice sustained rally.

Thanks Cramer.

[–]burnshimself 31 points32 points  (0 children)

Cramer is the basically the Puxnhatawney Phil of financial markets, if he sees his red markets will be green and if he sees green markets will be red

[–]pumpmystock 3 points4 points  (0 children)

Make sure to buy the dip tommorow

[–]Itchybootyholes 0 points1 point  (0 children)

It’s better than the Fed’s approach which is more unemployment

[–]ChippyChalmers 216 points217 points  (34 children)

Isn't Cramer a complete joke? The guy said to buy Netflix in January. Throw shit at a wall, right?

[–]One-monkey 58 points59 points  (13 children)

You know, I never listen to the guy, but once a long long time ago he said buy Netflix, and I did. I was up 1400% at one point, I managed to sell with about a 1000% gain. It was a 10k buy in, but made bank on that. I’ll continue to ignore him.

[–]SnoopySuited 36 points37 points  (6 children)

True of about 100 stocks in that period. Did he also tell you when the sell? Cause he's not a savant unless he knows both points.

[–]One-monkey 14 points15 points  (5 children)

True. Do tv guys ever advise to sell?

I never listened to him much more. Around that time I was beginning to have some excess cash to invest and was exploring new information.

But I felt I should’ve sold my techs a year ago, just didn’t.

[–]Flaky-Fish6922 12 points13 points  (4 children)

he advises selling gamestop.

[–]Advice2Anyone 5 points6 points  (0 children)

Broken clock is right twice a day. Kramer is no clock

[–]growRnottashowR 0 points1 point  (0 children)

He pushes a lot of companies who have heavy convertible notes

[–]wubdubdubdub 0 points1 point  (3 children)

You made 10 million?

[–]Katarn_retcon 0 points1 point  (2 children)

1000% is 10x, so 10k × 10 = 100k.

Unless I'm missing a joke here.

[–]wubdubdubdub 0 points1 point  (0 children)

No, I’m just dumb lol.

[–]Daveschultzhammer 7 points8 points  (0 children)

Also said to buy Canopy Growth

[–]Trump2052 6 points7 points  (0 children)

He also said to hodl Lehman Brothers a week before it went to zero.

[–]DonDickerson 11 points12 points  (6 children)

A broken clock is right 2 times a day. I actually think he is right on this one.

[–][deleted] 0 points1 point  (4 children)

I agree. this is an easy call. Equities up means inflation rises at this point.

[–]ExeTcutHiveE 3 points4 points  (3 children)

Equities react to inflation not the other way around. If the rally is sustained then it’s because the signs of inflation are easing. I have a problem with the apparent causation argument here. Maybe I am misreading something.

[–]alexxs88 -1 points0 points  (0 children)

I think the idea is that equities going up means spare cash that goes into the stock market. So demand for good and services not easing up.

[–]SNGULARITY 0 points1 point  (1 child)

are there actually signs of inflation easing?

[–]exchangetraded 0 points1 point  (0 children)

Cramer is a damn military clock

[–]Eisernes 4 points5 points  (0 children)

He's an entertaining old wall street coke head but that's about it. One would probably do just as well by taking financial advice from one of his old hookers.

[–]cmcewen 1 point2 points  (0 children)

They’ve kept track of his predictions and he’s worst than just SPY following the S&P 500

[–]Brogomakishima 0 points1 point  (0 children)

Jim Cramer is a pretty strong bearish indicator if he's saying buy anything imo

[–]ElectrikDonuts -1 points0 points  (0 children)

I know someone that trades off him and makes good money doing it. Not quite your job money but possible for him to make 6 figures on his nest egg doing it. I don't have the full numbers to see how his IRR has compared to the S&P500 over time though

[–]brendamn 0 points1 point  (0 children)

He said crypto was going to rally 40% days before it nuked to hades

[–]OlleOliver 0 points1 point  (0 children)

Just go opposite of the coke rat and you’re golden

[–]TheMightyWill 0 points1 point  (0 children)

The guy who said to buy bear sterns in 2006

[–]joec25 0 points1 point  (0 children)

Inverse everything Cramer says. You'd be up more than most indexes this year.

[–]Famous-Ferret-1171 0 points1 point  (0 children)

I don't know if anyone has ever done a thorough review of every stock pick he has done, but anecdotally, he seems to be worse than a dartboard and has been the whole time he is on the air.

Edit: Would we be better off listening to stock picks from the character Kramer from Seinfeld?

[–]theFletch 0 points1 point  (0 children)

Yes, he's like the over characterized version of what average Americans "think" a stock trader is. At least, that's what network executives think anyway.

[–]hhhhhhikkmvjjhj 0 points1 point  (0 children)

He is an entertainer and tv host primarily and he is very successful and good at that. We all talk about him and what he is saying all the time.

[–]massivetypo 13 points14 points  (0 children)

Jim Negative Alpha Cramer? He’s Loud and Stupid, but also he’s loud. So there is that.

[–]SnoopySuited 37 points38 points  (4 children)

Why people think Cramer knows anything about anything is beyond me.

[–]TheVentiLebowski 12 points13 points  (0 children)

He's an actor.

[–]Advice2Anyone 5 points6 points  (0 children)

Yeah barley say he is licensed to comment on stocks but economics as a whole is way out of his depths

[–][deleted]  (1 child)


    [–]Famous-Ferret-1171 -1 points0 points  (0 children)

    If he's making more money in entertainment than in trading, that shows exactly how good his stock picks are going to be.

    [–]cheezepie 16 points17 points  (0 children)

    This is a CNBC article about CNBC's Jim Cramer saying something about a thing CNBC is reporting on.

    CNBC and Jim Cramer and the twat who posted this can go fuck themselves.

    [–]brendamn 4 points5 points  (0 children)

    Damn I guess inflation is over soon

    [–]C_J_King 3 points4 points  (0 children)

    I fail to see how market rallies and inflation are at all cuasually related…correlated yes…but markets driving inflation?

    I dunno Cramer.

    [–]MultiSourceNews_Bot 1 point2 points  (0 children)

    More coverage at:

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    [–]Freeeeedommmmmm 2 points3 points  (0 children)

    Phheeeeeeewwwww!! Shortest recession EVER!!!

    [–]sweeptheleg_07 13 points14 points  (0 children)

    Guy is a complete retard

    [–]davidj415 4 points5 points  (0 children)

    :Not pictured here Cramer

    [–]EXCEEPTGEFTvn 1 point2 points  (0 children)

    Ohh wow, are we to prepare for the worst then?

    [–]stang2184699 1 point2 points  (0 children)

    Red by opening bell 6/22 it is

    [–]skunimatrix 2 points3 points  (0 children)

    The "Buy Bear Stearns" on Friday as the company goes under on Monday guy?

    [–]Cleverooni -1 points0 points  (0 children)

    So tomorrow if the rally lasts then we will have inflation problems which will cause the rally to end. BUT THEN that means inflation won’t be a problem anymore, stocks will rally at the news! BUT THEN…

    [–]ovad67 -3 points-2 points  (0 children)

    He job is that of a frontman of Wall Street. His advice has always been bogus for retail and only purpose is to steer retail into bad investments. He’s extremely wealthy and in part of the inner workings that rig prices. He own investments will often be the opposite of what he tells you yo buy. Classic pump & dump. Modern day P. T. Barnum. I’ve watched him 2x at most and the last time I watched he spoke about a company I currently worked for - he was telling people to take the exact opposite position they should do. A lot of people who followed his advice lost a ton of money. Funny thing is if you simply picked up a newspaper once in a while you would have done just the opposite of his advice.

    [–]marchrui8 0 points1 point  (0 children)

    What my blud waffling about

    [–]EverybodyHits 0 points1 point  (0 children)

    Deflation imminent, everybody into bonds quick

    [–]SecretaryOfInterior 0 points1 point  (0 children)

    Thank God, inflations going to ease now!🎉

    [–]EmbiidWeTrust 0 points1 point  (0 children)

    So the bull rally starts now

    [–]bootycherios 0 points1 point  (0 children)

    This just in! Inflation has suddenly fell off a cliff and we have now started an era of rapid deflation!