Jim Cramer

Stupid Is As Stupid Does

If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article.

"They're Baaack! And Why You Should Be Worried – Very Worried"

"This is the moment in time where generic, over simplified advice, that sounds so good (and too good) shouted too an adoring crowd  – should be taken as the siren, and clarion call to those who are diligent in preserving their wealth to buckle up, buckle down, and prepare in earnest."

Dow 21,000

Well that escalated quickly...

BNP Risk Indicator Flashes "Love" Warning Signal For US Stocks

While the market itself has exhibited the exuberance we have all seen before (and never seem capable of learning from), BNP has quantified this love-panic relationship (and the news is not great for the bulls). When in 'love' mode, the average drop in stocks has been 12% in the next six months...

Empire Fed Survey Soars To 30-Month Highs (Despite Slump In 'Hope')

Extending the trend of strong soft survey data, Empire Fed Manufacturing surged to its highest since September 2014 in February as Prices Paid led a surge across every sub-component. However, after spiking to its highest since 2011, 'hope' tumbled in February - its biggest drop in over a year.

Peak Kool Aid? "Bulls" Surge To Highest Since 2004

The latest Investors Intelligence survey reports 62.7% of 'intelligent investors' are bullish the stock market - the highest level since 2004. Furthermore, it appears they are putting their money where their mouth is as net speculative positioning is at (or near) record extremes in VIX (short), Stocks (long) and Bonds (short). What could possibly go wrong?

Bullish Sentiment Nears 3-Year Highs

Record short VIX futures, near-record long stock futures, record short bonds, and President Trump saying "don't worry about" - 'what could possibly go wrong' seems to be the mantra for stock market investors with Investors' Intelligence bulls at their highest in almost 3 years (and bears at their lowest in almost 2 years)...

Something Wicked This Way Comes

"The narrative about an improving economy, thriving jobs market, and glorious future is bullshit. I know it. You know it. And your establishment puppeteers know it. But only “fake news” sites would dare reveal these inconvenient truths."

Carrier & The Broken Window Narrative

The “Carrier” deal, and future deals like it, only succeed in temporarily keeping the jobs of yesterday with a cost to taxpayers today.