InvestmentWizard.Com Introduces CramerWatch, The First Independent Service to Track Jim Cramer's Stock Market Recommendations on CNBC's Mad Money
Published: Tue, 19 Apr 2005, 10:51 EST
Edited by Carly Zander
Staff Writer, Send2Press.com
Covering Wall Street's Hottest Guru since Joe Granville
HOUSTON, TX -- (SEND2PRESS NEWSWIRE) -- InvestmentWizard.com (www.investmentwizard.com) announced today the launch of CramerWatch, the first independent service to track the recommendations made by stock market guru Jim Cramer on the CNBC TV show Mad Money. Mad Money airs each weeknight on CNBC at 6:00 p.m. EST.
CramerWatch collects and displays every stock, industry sector, and market recommendation that Mr. Cramer makes on the show, along with a digest and summary of his analysis. CramerWatch then tracks the performance of each stock recommendation after 7, 30, 90 days and to date, and compares that performance to the overall market.
By tracking all of Jim's Mad Money predictions, CramerWatch helps individual investors to better judge the reliability of his stock market recommendations. Investors will know much better whether following Jim's buy or his sell recommendations will make them the most profit, in up and in down markets. What Jim Cramer is saying about a stock on the popular show can easily influence the price an investor pays for, or sells for, that stock.
"James Cramer is emerging as the most influential stock market guru since Dan Dorfman and Joe Granville," said InvestmentWizard.com Editor and Publisher, Derek Hoggett. "Jim's show Mad Money on CNBC is a big hit with viewers, and his buy and sell stock recommendations are already having a significant impact on the price the stocks he mentions trade at the day after the show. The more popular the show becomes, the greater will be Jim's influence, and the more self-fulfilling his recommendations will become." added Hoggett.
"Jim is not shy when it comes to self-promotion, and constantly reminds his viewers of his predictive success and past accomplishments." said Hoggett. "By tracking all of Jim's recommendations, CramerWatch brings independent verification of his true performance, and gives investors the whole picture when evaluating Jim's latest advice," he added. "So far, and to his credit, his recommendations are beating the market," said Hoggett.
CramerWatch is included in the InvestmentWizard Premium service, which costs $9.99 per calendar month, or $85 per year. InvestmentWizard's basic service is free. InvestmentWizard is at www.investmentwizard.com.
About InvestmentWizard.com
InvestmentWizard has been gathering Wall Street analyst and expert opinion and recommendations on stocks, the economy, interest rates, and the financial markets since 1989.
InvestmentWizard was created by Derek Hoggett, a registered investment advisor and money manager since 1986. Mr. Hoggett won several honors in the US Trading Championships in the late 1980s and early 1990s. The contest was open to real money accounts, and was regularly featured in Barron's. Mr. Hoggett is an early pioneer in online investment information, having also founded Telescan (now Investools) in 1982.
InvestmentWizard and CramerWatch are service marks of Oz Software, Inc. All rights reserved.
For more information on CramerWatch and InvestmentWizard.com visit www.InvestmentWizard.com or telephone 281-646-0532. |
