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Mad Money w/ Jim Cramer

Dow Down 1,465 Points, Dow Stocks Part 3, & SS&C CEO

Mad Money w/ Jim Cramer

CNBC

Business, Investing, News

4.34K Ratings

🗓️ 11 March 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow fell 1,465 points with the major average falling into bear market territory and Cramer’s helping you navigate today’s declines. Then, Cramer’s looking at the final 10 stocks that make-up the Dow and seeing if any opportunity is present in the index. Plus, Cramer’s sitting down with the CEO of SS&C to get his take on the market volatility and the company’s recent acquisitions.

Transcript

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0:00.0

My mission is simple to make you money.

0:04.0

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

0:08.0

There's always a more market somewhere, and I promise to help you find it.

0:12.0

Man money starts now.

0:20.0

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

0:24.0

Other people want to make friends, I'm just trying to save you some money.

0:27.0

My job is not just to entertain, but to educate and teach you.

0:31.0

Put this one in context. So call me at 1-800-743-CBC or Tweet Me Atch in Kramer.

0:37.0

Maybe it takes a darned recession to beat this damnable disease.

0:44.0

Maybe it even needs a bear market.

0:49.0

Which is where we are today.

0:53.0

After the Dow plunge 1,465 points, S would be plummeted 4.9%.

0:59.0

NASDAQ knows 4.7%. The coronavirus is the ultimate exogenous event.

1:05.0

It's a public health crisis that's wreaking havoc all over the country.

1:09.0

And it hasn't even infected that many people yet.

1:13.0

But we know it will because it's spreading exponentially.

1:17.0

First, many people thought it could not be here.

1:19.0

Then they thought we could keep it out by blocking travel from China.

1:22.0

Then I thought it could be contained. Then as it kept spreading, we were told it was no big deal.

1:26.0

There were so few cases, so few deaths. Why all the thoughts?

1:29.0

A lot of authority figures, including the President of the United States, seemed incredulous.

1:33.0

Then everything fell apart.

...

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