Mad Money w/ Jim Cramer 10/08/19

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 8 October 2019

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow accelerated its losses into the close ultimately ending the session down 314 points, and Jim Cramer’s making sense of today’s moves. Then, when the market opened it looked like Wall Street wasn’t pleased with Domino’s Pizza’s quarter, but the stock reversed course and closed up nearly 5%. Cramer’s sitting down with the CEO to digest the quarter. And, a week and a half ago we learned DE Shaw, a major activist hedge fund, took a position in Emerson, so what could that mean for the company? Cramer’s finding out more from Emerson’s top brass. Plus, could today’s action mean the market has reached a peak? Cramer’s going Off the Charts with the help of Rob Moreno to dig into the technicals.

Transcript

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0:00.0	Hey, I'm Kramer!
0:01.2	Welcome to May of Money!
0:02.6	Welcome to Kramerica.
0:04.1	I'll do one of my friends.
0:05.1	I'm just trying to save you some money.
0:06.6	My job is not just to entertain, but to educate, teach,
0:09.3	put it in context, call me at 1-800-743-CBC,
0:13.2	or tweet me at Jim Kramer.
0:15.6	Why is it just so darn hard in this market to make money?
0:20.4	After a rough day with a Dow tumble 314 points,
0:25.5	as the B plunge 1.56%.
0:28.6	And the NASDAQ plummeted 1.67%.
0:32.6	I think the problem's simple.
0:35.6	The list of stocks that are working seems to grow smaller by the day.
0:38.6	Isn't that what it feels like?
0:40.6	We have fewer stocks that are safe to own,
0:42.6	and more than a downright toxic.
0:44.6	As we saw near the end of the day,
0:46.6	when the bears crushed the bulls in Torrid,
0:50.6	anti-China-fueled trading.
0:55.6	Today felt like a vicious, pro football game,
0:57.6	where the quarterback was under pressure all day,
	...

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