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I've got some really bad news: Earlier today, Jim Cramer tweeted "JP Morgan is a fortress" https://twitter.com/jimcramer/status/1634222320398086145?s=20 https:
by jcadam 4y ago
I've got some really bad news: Earlier today, Jim Cramer tweeted "JP Morgan is a fortress"
https://twitter.com/jimcramer/status/1634222320398086145?s=20 https://twitter.com/jimcramer/status/1634222320398086145?s=2...
- smallnix 4y agoWhat does that mean?
- pharmakom 4y agoInverse Cramer
- hypothesis 4y agoApparently, he was recently hyping up SVB, the one that just went under.
- remarkEon 4y agohttps://twitter.com/WatcherGuru/status/1634039856924860416 https://twitter.com/WatcherGuru/status/1634039856924860416
- xg15 4y agoI think that guy's financial advice is so legendarily bad that people are using him as a predictor of what will not happen. In this case, certain banks staying solvent... https://mobile.twitter.com/CramerTracker https://mobile.twitter.com/CramerTracker
- Balgair 4y agoPet Theory: Cramer being very bad is part of his appeal. If he was giving out good advice, then who would watch him? Just like Howard Stern was back in the day, you watch Cramer to see what stupid idea he's got next and the anger at his finely calibrated dumb being so widely broadcast is what keeps you coming back. Honestly, it's a great shtick, hard to pull off or replicate for so long.
- xg15 4y agoI've read some conspiracy theories on Twitter that it might be a clumsy attempt at market manipulation: i.e., he'll hype up stocks that he (or his friends/superiors/whoever else) want to sell and talk down stocks that he wants to buy. Because those actual investment decisions are somewhat sound, you get that amazing "inverse performance". But I've got no proof for either theory and your's is definitely the more entertaining one :D Also I guess you have to give some kind of credit to a guy who not just spouts bullshit but invents entire bullshit concepts such as "room to grow"...
- odiroot 4y agoA crisis that will eclipse 2008.