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Author Topic: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win  (Read 1599 times)

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Offline catfish1957

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Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« on: November 05, 2024, 11:03:25 am »
https://www.nbcnewyork.com/news/business/money-report/jim-cramer-says-mondays-market-action-suggests-some-traders-anticipate-a-harris-win/5953339/



<snip>
CNBC's Jim Cramer said the session's moves reflect investors who feel Vice President Kamala Harris could win the presidency, even as the race remains deadlocked in polls on the eve of Election Day.

* "I'm not sure the market's right about what a Harris presidency would mean for business, but at least now we have a blueprint for what Wall Street thinks it'll mean," he said.

* CNBC's Jim Cramer reviewed Monday's market action, saying the session's moves reflect investors who feel Vice President Kamala Harris could win the presidency, even as the race remains deadlocked in the polls on the eve of Election Day.

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When the most inaccuate financial TV pundit in history makes calls like this........   It gives me a good feeling
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Offline cato potatoe

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #1 on: November 05, 2024, 11:06:27 am »
Maybe he's right about investor sentiment, at least.  I expect the market to BOMB if she wins. 
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Offline IsailedawayfromFR

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #2 on: November 05, 2024, 11:20:25 am »
I've learned over the years to do exactly the opposite of what Cramer says to do and you will be successful
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Offline Bigun

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #3 on: November 05, 2024, 11:23:18 am »
Quote from: IsailedawayfromFR on November 05, 2024, 11:20:25 am
I've learned over the years to do exactly the opposite of what Cramer says to do and you will be successful

:yowsa: Same with Paul Krugman.
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Offline mountaineer

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #4 on: November 05, 2024, 11:58:43 am »
Quote from: IsailedawayfromFR on November 05, 2024, 11:20:25 am
I've learned over the years to do exactly the opposite of what Cramer says to do and you will be successful
Exactly my thought.
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Offline cato potatoe

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #5 on: November 06, 2024, 02:00:52 pm »
the Dow is up 1400 points (3.4%)
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Offline catfish1957

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #6 on: November 06, 2024, 02:04:11 pm »
Quote from: cato potatoe on November 06, 2024, 02:00:52 pm
the Dow is up 1400 points (3.4%)

And gold is down $75/oz.  Market is pricing the disaster avoidance we thought might happen yesterday,.
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Offline Kamaji

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #7 on: November 06, 2024, 02:04:50 pm »
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Offline mountaineer

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #8 on: November 06, 2024, 02:05:47 pm »
Has Cramer ever been correct on anything?
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Offline catfish1957

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #9 on: November 06, 2024, 02:26:16 pm »
Quote from: mountaineer on November 06, 2024, 02:05:47 pm
Has Cramer ever been correct on anything?

Cramer needs to start relying on coin flips.  He'd be more accurate.  His '08 / '09 pre- Great Recession f-ups on TV are legendary, and I am surprised CNBC allowed him to stay. 
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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #10 on: November 06, 2024, 02:32:08 pm »
I trust Howard Beale more on these matters than anything Cramer predicts.
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Offline DefiantMassRINO

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #11 on: November 06, 2024, 02:36:43 pm »
Cramer used to manage hedge funds - betting against the market - not with the market.

Whatever Cramer says, do the opposite.  He got his ass handed to him in 2008 ...



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Offline Weird Tolkienish Figure

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #12 on: November 06, 2024, 02:46:59 pm »
Better up those BP meds cause your rapidly reddening bald little held looks about to explode.
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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #13 on: November 06, 2024, 03:40:59 pm »
Jim Cramer, the Eddie Mush of the markets.

Honestly though, you gotta have those kinds of guys around, they are perfect entertainment and comic relief for those that follow the financial world.
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Offline jafo2010

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #14 on: November 07, 2024, 12:27:15 am »
I always thought Paul Krugman was a streaming hot pile of s***!

Cramer is too much of a nut job.
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Offline Weird Tolkienish Figure

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #15 on: November 07, 2024, 07:58:57 am »
Quote from: Free Vulcan on November 06, 2024, 03:40:59 pm
Jim Cramer, the Eddie Mush of the markets.

Honestly though, you gotta have those kinds of guys around, they are perfect entertainment and comic relief for those that follow the financial world.
[/quote

He is the weathervane of truth, always pointing in the opposite direction.
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Offline IsailedawayfromFR

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #16 on: November 07, 2024, 08:11:46 am »
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Offline catfish1957

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Re: Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
« Reply #17 on: November 08, 2024, 09:50:46 am »
Well this didn't age well.....

Cramer's right in one way......  "The Market's did React".....   To a Trump victory.

This guy is in the Hall of Fame of "Getting it Wrong"
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