Well, then, if Jim Cramer said it, we know from his past predictions that it will definitely not happen. 😛 How this guy still has any credibility I’m sure I have no idea. But I agree with the general premise—market will continue to fall next week. Maybe a dead-cat bounce here and there…
I hedged with a QQQi put on Friday just in case. If not it's a drop on the bucket of my losses last week.
Will be selling options next week anyway. And collecting dividends of course.
thats not exactly what he said....1987 came out of the blue.....this already has had 2 days of selling.....big difference......i was around for 87 so i know.....that being said still think market droips from here but there will be positive days in between....
Cramer has said a lot of crazy shit over the years, but this prediction wouldn’t surprise me. The market is down something like 10% so far. The market drop leading up to the Great Depression was about 30%.
Comments
Orange Monday.
Let’s be accurate
Will be selling options next week anyway. And collecting dividends of course.
https://www.msn.com/en-us/news/technology/the-bleeding-after-the-power-photo-that-embraced-trump-over-2-trillion-in-losses-for-musk-s-tesla-bezos-amazon-zuckerberg-s-meta-and-pichai-s-google/ar-AA1ClcRj?ocid=msedgntp&pc=U531&cvid=d83287b788f541908a21b7a53d1c73e8&ei=18
Trump Recession 🤦♂️
@jimcramer1.bsky.social
(I'm not in any way giving an opinion on what he said)