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Mad Money w/ Jim Cramer

Crowdstrike CEO, Medtronic CEO & Off The Charts: Oil

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 12 October 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow slipped 118 points in its third negative session in a row and Jim Cramer is digging deeper into the market's moves. First, should investors get ready to strike and start a position in Crowdstrike? CEO George Kurtz checks in to break down the developments from the company's cybersecurity conference. Then, Medtronic CEO Geoff Martha sits down with Cramer to break down all of the company's latest ESG targets and innovations ahead of tomorrow's Investor Briefing. Plus, Cramer's refining his opinion on oil and going Off The Charts to see where the commodity might be headed.

Transcript

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0:00.0

My mission is simple to make you money.

0:05.0

I'm here to level the playing field for all investors.

0:08.0

There's always a more market somewhere,

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:17.0

Hey, I'm Kramer. Welcome to Man Money.

0:19.0

Welcome to Kramer.

0:20.0

I'll be with my friends just trying to make money.

0:22.0

My job's not just entertained, but the edge can't teach you.

0:25.0

So call me at 1-800-743-CBC, or tweet me at Jim Kramer.

0:29.0

It's not so hot day where the Dow lost to 180 points.

0:33.0

That's a me drop point, you 4% and that's more muted to climb 0.14%.

0:37.0

We need to talk about how stocks bottom.

0:40.0

How they stop dripping down, dripping, dripping, dripping.

0:45.0

So they can start going up again.

0:47.0

We have to talk about it now because people are getting fed up with this market,

0:51.0

with its endless head fakes and killer rotations.

0:54.0

Oh, we aren't at the bottom, still too many believers.

0:59.0

That each day will be the big day out of the brass.

1:05.0

Truth is, there's more than one way to mark creative bottom here.

1:08.0

I mean, sometimes the selling simply solves itself.

1:10.0

Sometimes we get hit with supposedly a cataclysmic event,

...

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