Jim Cramer

[winston]

Cramer Calls Market "Stupid, Rapacious, Arbitrary, Capricious And Downright Ridiculous", Tells Viewers To Stay Out by Tyler Durden

After catching a few soundbites of Cramer's spiel today, we were stunned: for once theStreeter did not lose his marbles over an engineered, 20 handle, 200DMA breakout rally. Quite the opposite.

In what is likely a first, the Mad Money host actually told his viewers it is time to get out of the market: "I am calling this a bad rally. This market has now become more depressing than Ethan Frome. Even the good days are now bad days. It's almost as if the whole market is caught between 1st base and 2nd base.

So we get an endless rotating short squeeze in oil, in the banks, in tech, in discretionary.... But once the shorts are done getting picked off, we've got no more reason to run. It is a rally that stops that a blast of future selling comes in. It is a rally that stops the moment the buyers just walk away. We used to have fundamentally based rallies - that's not how this market works."

The 10 minute rant against the market by the legendary permabull is simply shocking: he actually describes all the different dimensions in which the stock market is completely busted and discredited in a way that makes us jealous:

"This market is stupid. And it is hated for a very good reason. The market seems rapacious, arbitrary, capricious and downright ridiculous. It is a tale told by an idiot, full of sound and fury, signifying nothing."

http://www.zerohedge.com/article/cramer ... -tells-vie

[kanglc]

Jim Cramer does TA on Berkshire Hathaway :
http://www.rationalwalk.com/?p=8034&utm ... al+Walk%29

[kennynah]

if he says buy...i would be inclined to sell and vice versa...

[winston]

Here’s the thing you need to understand about Cramer… By Barry Ritholtz

There is a hefty profile of James J. Cramer in the NYT magazine this weekend that is worth reading.

But here’s the one thing you need to understand about Jim Cramer: If you read financial blogs or follow StockTwits or do any sort of research online, the archeology of that traces back to Cramer. He is the Big Bang of financial blogging, the “Adam & Eve” of online financial research. That sort of farsight is none too common in this business.

You may not know this, but TheStreet.com was a factory that churned out award winning journalists and market beating fund managers like Hershey’s kisses. Josh Brown, once likened TheStreet.com to the “Motown Records of the Financial Web.” They were the farm team for the world of financial reporting, where the media bigs came to look for the next hire.

The number of people who came out of TSCM to become household names in financial reporting and asset management is quite astonishing: TheStreet.com alumni include Aaron Task (Yahoo Finance), Jesse Eisinger (WSJ/ProPublica) who just won a Pulitzer, Herb Greenberg (CNBC), James Altucher (FT/WSJ), Justin Lahart (WSJ), Paul Kedrosky (Bloomberg), Adam Lashinsky (Fortune), Alex Berenson (NYT), Simon Constable (WSJ), Dave Kansas (WSJ), Gail Griffin, (Barrons), John Edwards (WSJ) David Gaffen (WSJ), Lauuren LaCapra (Reuters), Colin Barr (Fortune), Tim Arango (NYT), Dagen McDowell (Fox), David Reilly (Bloomber/WSJ), Peter Eavis (WSJ). Fund managers like Doug Kass, Whitney Tilson, David Merkel, Jeff Matthews, Helene Meisler, Jon Markman, Todd Harrison, and the list goes on and on. I myself am a proud TSCM alumnus.

I have on occasion criticized Jim for some position or another he has taken on sub-prime or housing or the Fed, but that comes with the territory. As much as people bash Cramer, consider this: He is the guy who first conceived of Democratizing financial research and reportage. Whatever money he made for clients as a hedge fund manager is far outweighed by his contribution to you, the modern investor.

The fact that you are reading this on blog, that you may have found on Twitter, traces its roots back to his original idea: That stock research should be accessible to anyone, not merely the privileged few whose large accounts gave them access to analysts.

http://www.ritholtz.com/blog/2011/05/he ... ut-cramer/

[winston]

It's good to listen to what the "experts" are saying once in a while, to check on your own impressions ...

Cramer's 'Mad Money' Recap: How to Build Long-Term Wealth

Cramer identified three necessities that he said all investors need to have taken care of before they invest in the stock market:

1) The first necessity Cramer said all investors need to address is credit card debt.

2) The second necessity all investors need to address is health insurance.

3) Along those same lines, Cramer said disability insurance is the third item all investors should address before they invest.

"Diversification comes before everything else when you're investing," he said.

Investing for Retirement

Cramer reminded viewers that they should be investing in their retirement and not just saving for it.

Cramer noted it's not uncommon for investors to be risk adverse when it comes to their retirement savings.

Given how important retirement savings are, and the inherent race against time, he said it's only natural for investors to shy away from risk. But, he cautioned, "it's not enough to just get a 4% return from bonds."

"Declines in the market are opportunities to buy," said Cramer. He suggested contributing twice as much any time the market drops 10% or more.

Buying more shares of an index fund when those shares are cheaper just makes sense, he added. "This will make a huge difference over forty or fifty years," he noted.

http://www.thestreet.com/story/11238173 ... ealth.html

[winston]

I dont like his voice but he does have some good points below ...


Cramer's 'Mad Money' Recap: Using the Right Investment Tools By Scott Rutt


1. Diversification

He said a good investor knows to expect the unexpected, which is why diversification is still the only way to invest.



2. Check the Dividends

Stocks that hit a 4% yield represent terrific long-term bargains, he noted, which is why stocks typically stop going down once they hit 4%.

But beyond making money, Cramer said dividends, and especially dividend raises, are management's way of telling investors that things are going well at the company.

A solid, steady dividend that gets raised regularly is a hallmark of a company that's stable and doing sell.


3. Looking for Growth

Cramer said that as a rule he's willing to pay up to two times a company's growth rate.

So for a company growing 20% a year, he's willing to pay up to 40 times their earnings. Growth stocks typically won't trade below one time their growth rate unless something is going wrong.

When earnings have momentum, companies can see their stock double in just a year, but if the earnings begin to slow, they will fall sharply,


Speculative Thinking

When it comes to speculating, most investors look towards stocks under $10 a share.

Cramer said there are two kinds of stocks in this category: those with broken companies and those with merely broken stocks that have been left for dead by money mangers that aren't allowed to invest in things under $5 a shares.

Investors can take great advantage of the latter, said Cramer.


Gold

Beware of the gold mining stocks, Cramer cautioned. While these companies benefit from the increasing scarcity of the precious metal, they also encompass countless ways to screw things up, costing investors dearly.

"If you want exposure to gold," Cramer concluded, "do the easy thing and buy the GLD."


http://www.thestreet.com/story/11742788 ... tools.html

[winston]

Cramer's 'Mad Money' Recap: Life Lessons BY Scott Rutt

http://www.thestreet.com/story/11970356 ... ssons.html

[winston]

Jim Cramer isn't screaming "Buy, Buy, Buy!" He's actually giving sound investing advice


http://thecrux.com/jim-cramer-isnt-scre ... ng-advice/

[winston]

Cramer: I can't be bullish until THIS happens By Abigail Stevenson

No. 1 Stocks need to come down to levels where it would be ridiculous to sell. Unfortunately they are not there yet, but Cramer said we may be further along than most people think.

No. 2 The Fed needs to make up its darned mind already. Right now the Fed has created an environment of uncertainty, and that is never good for stocks.

No. 3 The Volkswagen (XETRA: VOW3-DE), Petrobras (Sao Paulo Stock Exchange: PETR'-BR) and Glencore (London Stock Exchange: GLEN-GB) shoes need to drop. Cramer considers these three companies giant black holes, and they must be filled.

No. 4 The dollar must stabilize and stop strengthening. So while the euro has been growing stronger versus the dollar, emerging markets have been a source of pain.

No. 5 China has to break out of its funk. That means actual industrial production must rise.

No. 6 Energy has to stabilize. This will take the pressure from the high yield bond market, which is being crushed by refinancing from many energy companies.

No. 7 As earnings are reported next month, investors must analyze if the estimates are too high. If they are going to be cut, then stocks will fall.

Source: CNBC

https://finance.yahoo.com/news/cramer-c ... 53932.html

[winston]

Cramer: Why I'm rethinking my view on the market

By Abigail Stevenson

Source: CNBC

https://finance.yahoo.com/news/cramer-w ... 40224.html