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Mad Money w/ Jim Cramer

Next Week’s Game Plan, Focusing on Finance, and Cloud-y Skies?

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 18 October 2019

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow closed down 255 points to end the first week of earnings season, and Cramer’s got his playbook to give you his game plan for next week’s reports. Then, financials are at the forefront this week, and Cramer’s giving his take on the major institutions-Goldman Sachs, Morgan Stanley, JP Morgan, and Wells Fargo- after they collectively reported above estimates this past week. Then, Cramer’s looking at his cloud kings and why they might be turning into storm clouds after the latest sell-off.

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 at Summer and I promise to help you find it.

0:12.0

Man money starts now!

0:16.0

Hey, I'm Kramer!

0:18.0

Welcome to Man Money. Welcome to Kramer.

0:20.0

I've been one of my friends.

0:22.0

I'm just trying to make some money.

0:24.0

My job is not just to entertain, but to educate and teach you.

0:26.0

So call me at 1-800-743-CMBC or tweet me at Jim Kramer.

0:30.0

Well, next week, be filled with lots more days like today.

0:34.0

The Dow lost 26 points.

0:36.0

That's going to be a tip point for you.

0:38.0

And I'm just like, that's about 0.83%.

0:40.0

Well, we keep getting hammered by incessant woes and worries about the economy.

0:48.0

Even as we give a pass to the companies that cater to the strong consumer.

0:52.0

Or just putting this out there.

0:54.0

Well, we come to realization that without some sort of trade deal with China or at least Mexico and Canada,

1:00.0

that this market is going to be headed lower no matter what.

1:04.0

I fear it will actually be the latter because the strength of the stock market early this week was so broad.

1:12.0

Well, that the higher the stocks go, the less lift you get from Nabaf.

1:16.0

Number Nabaf?

...

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