“Welcome back to Bizarro Wall Street, where bad news is good news, at least when it comes to the economy,” the “Mad Money” host said. Subscribe to CNBC Pro to access the full episode of Mad Money: https://cnb.cx/2PU7GHJ
CNBC’s Jim Cramer said Thursday he won’t be surprised if the March jobs report is soft.
“Yesterday, I suggested that the counter-trend rally in tech could continue for a few more days before it ebbs,” the “Mad Money” host said. “So far that forecast stands, but without a cool employment number tomorrow, I expect the reopening stocks — think the banks and the industrials — to come back into vogue on the Wall Street fashion show.”
While the market will be closed in observance of Good Friday, the Labor Department is scheduled to release March hiring data.
Cramer’s comments come after a banner day for the S&P 500, which crossed over the 4,000 level for the first time during the trading day.
Stocks managed to rise after the Labor Department released a disappointing weekly jobless claim number in the morning. The department reported that 719,000 workers filed first-time claims for jobless benefits last week, much higher than economists had forecast.
“Welcome back to Bizarro Wall Street, where bad news is good news, at least when it comes to the economy,” the “Mad Money” host said.
Investors who want to see stock prices climb higher are going to want to see strong earnings reports from last quarter and more non-inflationary news that’ll discourage the Federal Reserve from hiking interest rates, Cramer said.
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I don't get anything, just too noisy.
Imagine being a shmuck that sold off tech and bought "recovery"
he could get a job on live telecast since being a hedge fund managers ain't cut for him xD
Kathy Woods is better
You didn’t mention Tesla! You are being paid NOT TO!
Yeah keep pinting money, and creating synthetic shares, 2008 all over again, if you cant see it you are totally blind
Great video, I must say. Bitcoin's price action has been fluctuated throughout the past few days and weeks, with bulls and bears both reaching a clear impasse, the aggregated cryptocurrency market has been following in Bitcoin's lead and is struggling to garner any decisive momentum. One analyst is now noting that BTC has been holding above a key macro level throughout the past few months. He believes that the recent consolidation above this level bodes well for its near-term outlook and could indicate that significantly further upside is imminent in the weeks and months ahead. Tips like this are why it's advisable for investors and newbies to trade with the help of pro traders like Rickcrypto. He is always one step ahead of other traders, he fully monitored all my trades to avoid me making mistakes and losing my money . My earnings have increased drastically from 1 Bitcoin to 7Bitcoin in just 4 weeks using his strategy. You can easily get hold of him for a finable system on te Ie gram ( @rickcryptosignals)
I have been trading for about 6 months now and just about every trade backfires and slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin
I think Carmax does a lot of stuff with resale which was bashed in the pandemic cus they run in local auctions 🙂
We badly need subtitles for Jim's show. He swallows up his speech 65% od it's margin.
anoyone sold nasdaq stocks haha
I'm here for Shepard Smith.
Buy seeds, food, land, physical silver, and have means to protect it! If you have any crypto or stocks, sell them.
The report was very positive. Is Monday gonna be bad for QQQ?
Get rid of this loser. He was touting bear sterns before it went bankrupt
On Monday we react to how Tesla just dropped the mic.
don't ever listen to cramer. Even his friend Altucher said he was a clown.
Xl Fleet and SoS top picks for this month.
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Anybody still taking this guys advice come talk to me I have a bridge for sale
todays gspc green candle jumped off the chart (with low volume) uh oh..
This aged well 🚀🚀🚀🚀🚀
Big gang ok luv