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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 8/5/24

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 5 August 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Mad Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

My mission is simple, to make you money. I'm here to level the playing field for all investors.

0:08.0

There's always a homework at somewhere, and I promise to help you find it.

0:12.8

Mad money starts now.

0:14.8

Hey, I'm Kramer.

0:19.1

Welcome to Bad Money.

0:20.0

Welcome to Cray America.

0:21.6

Other people may have money. I'm just trying to save your little money.

0:24.0

My job is not just to explain, but to teach and of course entertain.

0:28.0

So call me at 1-80743 C.M.C.

0:31.0

We meet you in Kramer.

0:32.0

I know days like today make you want to call. CBC, we're quite, Jim Kramer.

0:32.6

I know days like today make you want to cry yourself to sleep.

0:37.5

But you know what?

0:38.5

This is indeed a normal yet incredibly nasty sell-off.

0:42.1

It's exactly what you'd expect at this point in the rate

0:44.8

cycle, the point where the Fed's about to start cutting rates to bolster the economy,

0:51.2

but the economy's going down. And that means we can use our playbook

0:54.7

Kramer's sell-off playbook to protect ourselves and take advantage of this decline.

0:58.7

Yes, take advantage of it. Now walk away from it. We're looking at the worst three days for loss in the NASDAQ in more than two years,

1:05.3

including today's 3.43% nose dive. The Dow and the SP500 didn't do much better.

1:09.7

Dow plunged one-O-3-4. Yes, that's right, 1,034 points,

1:14.0

S&P plummeting 3%.

...

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