Cleveland-Cliffs CEO, Signet Jewelers CEO & SentinelOne CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.4 • 3.9K Ratings

🗓️ 8 September 2021

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

All three major indices fell today, and Jim Cramer’s revealing a list of catalysts that could cause the market to experience some volatility in September. Then, Cramer’s joined by the CEO of Cleveland-Cliffs to discuss where the steel industry is headed and what that means for your portfolio. And, Gina Drosos CEO of Signet Jewelers is telling Cramer more about how the company has kept up with the growing demand amid the pandemic. Plus, Cramer‘s talking with SentinelOne’s CEO fresh off the company’s report to see if this cybersecurity company can continue to defend itself on the Wall Street fashion show.

Transcript

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0:28.0	slash WEC.
0:58.0	Welcome to September, the most treacherous of months. Now look, there's no evil magic to it.
1:09.0	But you should get used to days like today. Galshed 69 points.
1:13.0	Let's speak to climb point 1.2%. But the NASDAQ lost 0.57%.
1:17.0	Because I believe the reform were then, and then we've come to expect ever since
1:22.0	the bottom 18 months ago. Why am I so concerned about the weeks ahead
1:26.0	other than the self-fulfilling prophecy that September does tend to be rough and
1:30.0	it's been ages since we've had a real decline? Let's not waste time.
1:34.0	I'm taking them right down. One earnings. That's right.
1:38.0	Earnings. Quote me old-fashioned, but I think the stock market is very much tied to
1:41.0	how companies are actually doing. These numbers have been phenomenal for ages.
1:45.0	We've gotten upspooled. Spooled by upside-surprise after upside-surprise.
1:49.0	Today though, we've seen the nasty side of earning surprises.
1:52.0	The downside ones, and let me tell you, they're no fun at all.
1:57.0	And we're not prepared for the damage.
2:00.0	Two venerable companies, Sherwin Wams and Poltty Group, both pre-announced disappointing orders.
2:04.0	Hey, you know what that is? They disappointed earnings top and bottom on why?
	...

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