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Mad Money w/ Jim Cramer

Flexport CEO, Off The Charts & Homework: Element Solutions

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 8 October 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow closed down 9 points but notched a winning week and Jim Cramer is getting you set for next week with his Game Plan. Then, CEO of private player Flexport Ryan Petersen sits down with Cramer to talk about what impact shipping delays and supply chain issues might have on holiday shopping. Next, could the market be ready to take off on its seasonal rally? Cramer's going Off The Charts to how to trade in October and November. Plus, Cramer's giving his take on Element Solutions after doing his homework.

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 work at Summer,

0:10.0

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 with my friends. I'm just trying to make you some money.

0:23.0

My job is not to stay in your kingdom, but to educate and teach you so call me.

0:26.0

At 1-800-7-43-CMC, or tweet me at Jim Kramer.

0:30.0

Not sure what to do.

0:32.0

How about doing nothing?

0:35.0

Unfortunately, people cannot resist doing nothing.

0:37.0

So they trade, and they trade, and they trade, and they trade.

0:39.0

The same information does. Beating to a pulp.

0:41.0

That's how I felt about the reaction to today's discouraging non-farm payroll port,

0:45.0

where we had substantially fewer jobs created than we thought.

0:48.0

Even as the people who make these forecasts clearly had never heard of the Delta variant,

0:52.0

if they know we were going through a severe COVID outbreak,

0:56.0

where people would rather stay safe at home and go into work,

0:59.0

these week employment numbers shouldn't have come as surprised to anyone.

1:03.0

And necessarily traders like to read this because it meant that Jay Powell has been given a pass, right?

...

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