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Anti-Jim Cramer ETF Will Bet Against Stocks Endorsed by CNBC Mad Money Host
- Sohcahtoa82 4y agoI'd absolutely buy that. But I'd go all-in on an index that follows the investments of people in Congress.
- cjtrowbridge 4y agoThe one that tracks the democrats is called NANC. The one that tracks the republicans is called CRUZ. They are not available yet but they're in the pipeline.
- tjs8rj 4y agoThey have these on Quantbase already
- supertrope 4y agoSome members of Congress wait weeks after trading before disclosing.
- googlryas 4y agoNot too useful considering the reporting can be delayed by a number of weeks/months.
- djohnston 4y agoThis really should be amended. I can't think of a good reason why that information shouldn't be available real time, same day is a compromise.
- TheCoelacanth 4y agoEven real-time isn't good enough. They should have to pre-announce all of their transactions like corporate insiders have to.
- ksidudwbw 4y agoBump
- throwaway1851 4y agoNo kidding. Brilliant idea.
- f0e4c2f7 4y agoSure you've had someone disagree with you. But have you ever had someone disagree with you so much they create a new financial instrument to inverse your opinions? If I was Cramer I'd be flattered in a way.
- nullc 4y agoI've made a considerable amount of money inversing HN stock opinions.:) They're not frequent enough to make an ETF from it. Get to work folks.
- Melting_Harps 4y agoHonestly, dude, you have made a killing not just defying the narrative that BTC is a scam/ponzi around here, but you've improved the protocol while proving them all wrong. YC backed Coinbase and these people cheered them on as the 'legit' exchange, all while they continue to get more lawsuits and their stock price plummets and BTC stabilizes to 2017 ATH. With that said, after nearly a decade as both a lurker and a member of HN I've come to realize that it's perhaps the worst place to get a real pulse on disruptive tech; they covet the idea of working as FAANG foot-soldiers and have become complacent and comfortable, why should these people ever be taken serious? Also worth noting, that WSB has been beating the market with the inverse cramer meme for some time so it was only a matter of time until this got traction. PS: What are you up to these days?
- reducesuffering 4y agoThat's interesting because on the contrary, I've done very well with HN-sentiment on Cloudflare, Datadog, AMD, Nvidia, even crypto because the opinion didn't mostly sour until 2021.
- owenfi 4y agoWhat happens when he recommends buying this ETF?
- Victerius 4y agoBuy puts on the ETF.
- Rebelgecko 4y agoInfinite money cheat code IRL
- RunningDroid 4y agohttps://archive.ph/WL6hD https://archive.ph/WL6hD
- i67vw3 4y agoThere is a running joke for those who do not know, That do opposite what Cramer tells you to do. If he says buy a particular share, do not buy it as it will tank. If he says sell a particular share as the share price will tank since the company does not look in good condition; then the opposite will happen and the share price will skyrocket.
- brad0 4y agoWasn’t there a paper showing that if you buy his picks and hold them short term you make money in the long run? ie: his picks have a short term positive impact on the price. EDIT: I think this is the one: https://rady.ucsd.edu/faculty/directory/engelberg/pub/portfolios/CRAMER.pdf https://rady.ucsd.edu/faculty/directory/engelberg/pub/portfo...
- throwaway81523 4y agoWill it be called "Cheerful Money" instead of "Mad Money"?
- mickdeek86 4y agoI think "Sane Money"
- kennethh 4y agoThere is also a long Cramer ETF. Inverse Cramer ETF $SJIM Long Cramer ETF $LJIM Eff Dec 19 https://cointelegraph.com/news/it-s-happened-someone-s-filed-for-cramer-etfs-with-the-sec https://cointelegraph.com/news/it-s-happened-someone-s-filed...