Market Sell-Off, Rhode Island Governor, Updates On IPOs and SPACs

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 24 June 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow fell 700+ points today and Jim Cramer is helping you navigate today's market sell-off. Then, as America reopens, Jim Cramer is getting a read on local business with Rhode Island Governor Gina Raimondo. Next, could Albertson's most recent public offering be a red flag for IPOs? Cramer is checking in on where the market's at in its annual IPO cycle. Plus, get an update on recent SPACs as Cramer circles back to names like Nikola and DraftKings as they continue to rally and on new SPACs that might be worth noticing.

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 more work in summer and I promise to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Crainer.
0:18.0	Welcome to Man Money. Welcome to Crainer America.
0:20.0	I'll do one of my friends. I'm just trying to keep it from losing a lot of money.
0:24.0	My job's not just to entertain but to educate, teach, put this thing.
0:27.0	The context calls me 1-800-743-743 or Tweet Me at Shibukamer.
0:31.0	Sometimes it's just a confluence of small things.
0:34.0	A few negatives here, a couple of oddities there, if you want some history.
0:37.0	And you start to get a little peurred.
0:39.0	So I'll leave the idea of taking something off the table.
0:43.0	Make some sense.
0:44.0	Which is how you got to today's sell off for the Dow plungeing 710 points
0:48.0	as in people I'm in 2.5.
0:49.0	And I'm just saying, NASDAQ knows that I'm in 2.19%.
0:52.0	This was a recognition that the bull camp and the bear camp,
0:56.0	which I've been telling you about, can't exist at the same time.
1:01.0	There cannot be coexistence.
1:03.0	And with the huge COVID outbreak and the sun belt spiraling out of control,
1:13.0	bears and jars.
	...

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