Dow Rallies 130+ Points, Off The Charts, Land's End CEO And Impossible Foods CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 23 June 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow closed in the green for the second day in a row, the Nasdaq hit a record close and Jim Cramer is here to break down today's gains. Then, preparing for the 4th of July by breaking out the grill and fireworks? Cramer's going Off The Charts to get you ready for the market's annual 4th of July trade and what it means for your portfolio. Next, Cramer's checking in with Land's End CEO Jerome Griffith to get a pulse of the company's primarily e-commerce business. And, Impossible Foods CEO Pat Brown is here to talk about partnerships with Starbucks and Kroger, breaking into the retail space and an update on where the company's headed.

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 summer and I promised to help you find it.
0:12.0	Man money starts now!
0:16.0	Hey, I'm Kramer!
0:18.0	Welcome to Man Money. Welcome to Kramer America.
0:20.0	I'll be one of my friends and it's trying to make you some money.
0:22.0	My job is not to entertain you but to educate and teach you so call me at 1-800-743-CBC or tweet me at Chim Kramer.
0:29.0	The stock market is the new sports.
0:33.0	We're experiencing a whole new set of binary games that started 930 and ended 4.
0:40.0	Though sometimes they go into extra innings.
0:42.0	But at least we've got some sports.
0:44.0	It just happens to be in the form of the stock market.
0:47.0	Have the sports gamblers descend on the market on mass because they have nothing better to do, nothing else to do.
0:52.0	Does that explain the recent action including today when the Dow gained 131 points?
0:56.0	That's a climb point for 3%.
0:58.0	Now it's like Chim Kramer 0.74% but be careful.
1:00.0	There were some late tableware stalls.
1:02.0	Or is it just novice investors pouring money into the same members of the new high list based on a winner's win philosophy?
1:09.0	Hey, maybe it's driven by foreign buyers crowding their momentum stocks.
1:12.0	Honestly, at this point it could be all three.
1:14.0	And the problem with these constituencies is they make things a little more dangerous for the rest of us.
	...

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