Mad Money w/ Jim Cramer 12/13/24
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 14 December 2024
⏱️ 44 minutes
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| 0:00.0 | My mission is simple, to make you money. I'm here to level the playing field for all investors. |
| 0:08.1 | There's always a little market somewhere, and I promise to help you find it. Man Money starts now. |
| 0:16.8 | Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer. I'm going to make friends. I'm just trying to make you a little bit of money. My job is not just entertained, but I'm trying to put it all together and explain it to you. So call me 1-800-743-C-C-B CBC. C-Bee. Coole. All right, the market's buying its time right now. I mean, the Dow's dipping in 86 points today. It has to be essentially unchanged. NasdaQ advancing 0.12%. And when the market by this time, guess what? |
| 0:39.2 | People tend to get a little nervous. |
| 0:41.2 | For example, usually when a trillion-dollar semi-inductive company, like Broadcom, |
| 0:45.5 | reports a monster good quarter sending its stock up more than 24%. |
| 0:49.3 | We get what I call some pit action. |
| 0:52.2 | But today we got next to nothing in the semis or most tech. Maybe we |
| 0:57.1 | hadn't been able to mount a rally because the bomb market's been down every day this week as |
| 1:01.1 | inflation runs hotter than we thought. Nobody wants to buy growth in that environment. I think the |
| 1:06.5 | Wall Street's gotten a little too negative, frankly, as we get oversold and we're getting there. |
| 1:10.5 | But I've been warning about stocks going to excessive levels for two weeks now, so I can't be |
| 1:15.0 | all that positive until we see a couple days where bond yields actually go lower with the stock |
| 1:19.4 | market. |
| 1:20.3 | That's why we're going to start our game plan for next week with, well, not Monday, but Wednesday, |
| 1:29.6 | because that's when the federal open market committee is expected to cut rates by a quarter percent. Now, nothing's a given in this |
| 1:33.6 | league. But we heard from many Fed officials that they prepped us to expect a 25 basis point |
| 1:38.2 | cut. Okay. Now, you know me. I hate the endless focus on the Fed by everybody because it |
| 1:43.3 | attracts you from benefiting from long-term |
| 1:45.6 | performance for your stock portfolio. You'll trade in and out and in and out. Every little |
| 1:49.3 | signal from the Federal Reserve brings out predictions, causing many people to sell good stocks |
| 1:53.1 | when they are freaked out. You also have people who just can't let it go. Dogs with bones, |
... |
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