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Mad Money w/ Jim Cramer

Mad Money w/Jim Cramer 02/01/21

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 2 February 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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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