Mad Money w/Jim Cramer 02/01/21
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 2 February 2021
⏱️ 45 minutes
🧾️ Download transcript
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| 0:00.0 | My mission is simple. To make you money. I'm here to level the playing field for all investors. |
| 0:07.6 | There's always a more work at Summer and I'm proudest to help you find it. |
| 0:11.9 | Man money starts now. |
| 0:16.4 | Hey, I'm Kramer. Welcome to Man money. Welcome to Kramer, Arca. |
| 0:20.4 | I'll be a one-make friends. I'm just trying to make you some money. |
| 0:23.2 | My job is not just to entertain, to educate, teach, oh boy, putting context. |
| 0:26.6 | So call me at 1-800-743-CBC or tweet me at Jim Kramer. |
| 0:32.6 | Let's talk wrist. Everybody wants to talk wrist, especially after a day |
| 0:36.9 | where the market rebounded, the outgaining 229 points. That's a big jump in the wild. |
| 0:40.9 | 1.61% Nasdaq pole-voting 2.55% nice change in the last week. |
| 0:45.8 | But if you can show your wrist, the reward does take care of itself. |
| 0:49.0 | Last week Wall Street got desperate for risky gains. |
| 0:51.8 | And to do that, you need Jews, meaning margin. There were too many people borrowing money to trade. |
| 0:57.9 | And playing with borrowed money can wreck your portfolio the same way |
| 1:00.6 | racking up lots of credit card debt can wreck your life, whether you're a big hedge fund manager, |
| 1:05.0 | whether you're a regular investor. Now I can talk a blue streak about Robin Hood. |
| 1:08.4 | Congrats, by the way, in that capital race or Reddit, |
| 1:10.8 | Congrats on the excitement of our game stop. |
| 1:12.7 | Congrats on the big win. Just remember that the games don't count for anyone until you take some profits. |
| 1:18.5 | But right now I'm hearing lots of people who should know better at fret about how |
| 1:22.8 | these red-hot theme stocks, I think a game stock, AMC, Blackberry, |
| 1:27.3 | Virgin Galactic, wow, represent some kind of new risk to the market. |
... |
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