Mad Money w/ Jim Cramer 11/7/24
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 8 November 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | My mission is simple, to make you money. |
| 0:04.7 | I'm here to level the playing field for all investors. |
| 0:08.1 | There's always a homework in somewhere, and I promise to help you find it. |
| 0:12.3 | Mad Money starts now. |
| 0:17.0 | Hey, I'm Kramer. |
| 0:18.4 | Welcome to Mabmoney. |
| 0:19.4 | Welcome to Kramer. |
| 0:20.8 | I'm just trying to make a little money. My job is not just to entertain but to educate |
| 0:25.6 | to explain how we could keep going up like this. So call me at 1-800-743-Sypc. |
| 0:29.6 | Tweet me at Jim Kramer. |
| 0:31.6 | Where I ask? Where are the sellers? Where did they go? |
| 0:35.6 | For years, every time we had a monseor, it was only met by giant selling at every turn. |
| 0:41.3 | Because when you offer higher prices, sellers step up and they drill the bids. |
| 0:46.3 | Slam the buyers. Take the profits. |
| 0:49.3 | But all year, and especially days like yesterday and today, we just keep running and running with the Dow dropping less than one point. |
| 0:55.9 | But the SMB gaining 0.74 percent and the NASDAQ, oh, it just can't quit over there jumping another 1.5 percent today, partially aided by the Fed's quarter point rate up. |
| 1:04.6 | But on top of yesterday's giant rally, this is incredible people. |
| 1:07.9 | What can I tell you about this? For starters, many of the commentators who |
| 1:10.9 | come on air talk about it, they don't seem to understand how unusual this market is. |
| 1:14.6 | They'll have to rant and rate by how stocks have gotten to dangerous levels. They're |
| 1:18.6 | ridiculously expensive. Look out. It's going to be... |
| 1:22.6 | Well, there's some truth to that. Yet, no matter what levels the SP 500 seems to reach, we can't see to find any large sellers. They should be coming out of the woodwork. That's the |
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