Jim Cramer is a crazy guy. On his shows, Jim Cramer mad money, he screams and jumps about like a crazy man.
But last year he earned 12% compared to 6% average from investments he picked, so after all that proved he is not crazy at all.
A lot of investors love Jim Cramer mad money shows on CNBC that they like to watch it each week.
When the investors were panicking due to the market spinning straigth down the toilte and the world was spinning out of control, then Jim Cramer was one of the few choices you can listen above the chaos, many people listened to this guy.
Jim Cramer wants to buy and ride it up when a stock started going up. His mad money shows plan for the market to keep doing what it is doing, so that he picks end to be aggressive.
Conversely, if a stock starts to fall, Cramer wants to dump it before it falls further. This is not a bad technique when the market is less volatile and the swings are slower and more predictable.
But when market are going badly, stocks can reverse direction in a hurry and this will make them go badly quickly too.
One big problem Cramer has is when he interviews executives; he will normally recommend that you buy their stock. The executives who were being interviewed are usually those who have high dividend stocks only.
If you’re wondering on what stocks to pick, the best advices can actually be gained from Jim Cramer mad money shows, not Cramer’s recommends on those executives stocks. It really doesn’t matter even if you want to take India stock market even you live in the US.
It is obvious that after he asked people to buy it, many people will buy these stocks, so there will be a short term jump in stock price.
So, if you’re smart on the draw and do the opposite, that you’re ready to sell when he says ‘buy’, you can expect to do quite well.
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