Mad Money w/ Jim Cramer 10/07/19

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 7 October 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow fell 96 points today to start the week and Jim Cramer’s breaking down today’s action. Then, Cramer’s digging into Costco, and explaining how trading on headlines may not be the best strategy. And, Six Flags has been on a rollercoaster ride trying to buy up Cedar Fair. Cramer’s digesting the headlines and sharing if you should buckle in and ride out these two stocks or get out before the ride comes to a halt. Plus, Vlad Shmunis, the founder, chairman, and CEO of RingCentral is here to discuss the cloud stock that’s on cloud nine after announcing an exclusive deal with Avaya.

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 somewhere 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. I'm just trying to make you some money.
0:22.0	My job is not just to entertain but to educate and teach you some call me at 1-800-7-3-CBC.
0:27.0	Or tweet me at Jim Kramer.
0:29.0	This weekend I did something some would say is ill advise but not from the town I am from.
0:35.0	Yeah, basking the globe in easy filled up Eagles victory.
0:39.0	I decided to take on a number of Twitter followers who insist that any rally from these levels is entirely phony!
0:47.0	A move based on easy money from the Federal Reserve and a gigantic budget deficit.
0:53.0	Therefore they say it's all false.
0:57.0	Next and badly!
0:59.0	I read all these thoughtful 280 characterless arguments,
1:05.0	slash Jeremiah ads and they all have one thing in common.
1:09.0	They hate the market!
1:11.0	And see it as a gigantic house of cards that's waiting to collapse.
1:13.0	Even if you're not so hot there, they'll lost 96 points.
1:17.0	It was awful lot for most of the day.
1:19.0	The S&P shed 0.45% and that's that dip 0.33%.
	...

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