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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: berniel who wrote (13693)5/13/2022 11:24:26 AM
From: Kirk ©  Read Replies (2) | Respond to of 26437
 
Does anyone credible take Cramer seriously?

Cramer Sold Boeing on 5/12/22. On TV Friday 5/13/22 he said he sold to raise funds to buy better stocks like NVDA. Odd as I thought he had a decent cash position before he went behind a paywall and the market plunged to down 19.9% as of Yesterday.

Via his daily email promo to get behind his paywall to get actual portfolio performance that I don't believe has beaten the market, risk adjusted, in a long time...
We high-graded out of Boeing (BA) Thursday. We didn’t care about the loss. One man in a two-man race should win occasionally, but these guys can’t shoot straight.
Looking at the chart, IF I was interested in airlines, yesterday would have been a time to add, not throw in the towel. Now if the price breaks my support line... that could change unless you liked them on fundamentals where you just buy more, at the next support level