Closing Bell Overtime: Jim Cramer on the market 5/20/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 May 2022
⏱️ 44 minutes
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| 0:00.0 | Welcome to overtime, thanks Sarah. I'm Scott Walker. It's good to have everybody with us today. |
| 0:03.6 | You just heard the bells. We are just getting started in just a little bit. |
| 0:07.5 | I'll speak with Wed Bush analyst Dan Ives on when the pain in Apple and Tesla is likely to subside. |
| 0:13.6 | We do begin though with our talk of the tape. |
| 0:15.6 | The body blow this market keeps taking and when it might end. |
| 0:20.1 | Maybe it got off the mat a little bit today. |
| 0:22.4 | Let's ask Mad Money's Jim Kramer. |
| 0:24.2 | He is with me right now. |
| 0:25.4 | Jim, it's always good to have you. |
| 0:26.8 | I feel like the market did a little rope-a-dope at the end here. |
| 0:29.6 | What's this about? |
| 0:30.4 | It didn't feel like a flow like a butterfly sting like a bee market. I have to tell you |
| 0:34.8 | this is an otherworldly market and you know what Scott it actually would have been better |
| 0:38.7 | Had it been down because I think people just think that the phoniness of the market, the inability of the market to make any |
| 0:44.4 | sense versus what's going on in the economy, that it has just made it so the people say, |
| 0:48.9 | you don't want to be in it. |
| 0:50.5 | And that is really a shame, but that's because we have not choked off inflation. |
| 0:54.3 | And until we win some battles in inflation, you're going to continue to see people |
| 0:59.0 | get attracted by a market that's down, and expiration can be big but there's really there's like |
| 1:04.0 | very few players because people just hate this market and I think that's a shame |
| 1:08.0 | Scott because you and I both know that there are a lot of companies that are |
| 1:11.6 | selling at four or five, six, seven times |
... |
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