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Mad Money w/ Jim Cramer

Mad Money w/Jim Cramer - 03/22/21

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 22 March 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.

0:05.0

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

0:08.0

There's always a bull market somewhere

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:17.0

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

0:20.0

Welcome to Kramer, I'll be one of my friends this time.

0:23.0

My job is not to entertain, but to educate, teach, call me

0:26.0

1-800-743-CBC, tweet me, act, chip, and Kramer.

0:30.0

At the market, rarely moves in a straight line.

0:32.0

So for the last seven weeks, tech stocks have been hammered

0:35.0

mercilessly while the banks and the industrial saw it.

0:38.0

But today we got what is called a counter trend value

0:41.0

with a Dow advance 103 points, some industrials in there,

0:44.0

but a lot of financials and mostly some techs.

0:46.0

The S&B game points 7% and the tech heavy Nasdaq

0:50.0

roared 1.23%.

0:52.0

Now, why do I call it a counter trend value?

0:54.0

What is that about? What does that word mean?

0:56.0

That means because nothing's really changed.

0:58.0

In this new environment, the banks and the industrials

1:00.0

can do no wrong while the techs can do no right.

...

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