Mad Money w/ Jim Cramer 11/9/23
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 10 November 2023
⏱️ 45 minutes
🧾️ Download transcript
Summary
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 homework somewhere, |
| 0:10.0 | and I promise to help you find it. |
| 0:12.0 | Man money starts now. |
| 0:17.0 | Hey, I'm Kramer. |
| 0:18.0 | Welcome to Mad Money. |
| 0:20.0 | Welcome to Cram America. |
| 0:21.0 | Other people want to make friends. |
| 0:22.0 | I'm just trying to save you some money. |
| 0:23.8 | My job is not just entertained, but to explain, tell you how days like today could happen. |
| 0:28.4 | So call me 1-800, 743 C. C. C. C. W. |
| 0:33.0 | When interest rates spike, they can stop any rally in its trucks. |
| 0:38.0 | Which is exactly what happened today. |
| 0:42.0 | After eight days, with the S&B 500 roared higher. |
| 0:45.0 | We got a bond market inspired pullback. In other words, rates went up big. |
| 0:49.0 | The Dow losing 220 points, SMB falling 0.81% and the NASDAQ tumbling 0.94%. |
| 0:56.0 | And I don't think the market's done going down for now. |
| 0:59.0 | If the S&B is going up today, do you know that this would have marked the longest |
| 1:01.6 | winning streak in 19 years? |
| 1:03.2 | And it sure looked like we had in the bag, |
| 1:04.8 | right up until we got a 30-year Treasury auction, |
... |
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