Were taking a look at how the president ial cycle affects the stock market. Is this something you closely follow scott . Not as a trader on a dayto day basis but if you look historically dating back probably 7080 years, this actually does make sense. There is absolutely a pattern to how the market works during the cycle. You look at it and the year before the election and the third year into the president ial cycle have historically been the two best years of the cycle to be in the market. Not only on the upside but also those are the years with the least amount of decline. That makes sense. You havethe year before the president takes office, its election time and everyone is positioningboth democrats and republicanswhat theyre gonna do for the economy, what theyre gonna do for taxes. Its more of a feel good issue. Once they get into Office Things seem to calm down a bit. In fact, the first and second years after the president being in office are historically two of the least advantage
No. Not i am jim cramer, host of mad money, squawk on the street. That plus an avatar and 140 characters sums up everyone these days. I want to you know more than that. Although it did take me two years to learn an avatar wasnt a movie and a hash tag wasnt a number sign. What i want to do tonight in an extremely special and personal show even by my own whacky standards is trace the arc that brought me to mad money, not for an ego trip but to give you some money making lesson from the phases of my various careers and how you can profit from them. Remember in the end this is cramerica. In short im going to give you the best of cramer guide book. So i can help you become better than i have ever been or ever will be and thats the ultimate goal of mad money. Lets start real early back in the time machine. My love of stocks didnt begin after law school or college or high school. My love for stacks started back in fourth grade. See my dad would bring home the philadelphia bulletin. At that po
Just before the fourth of july. Our road map begins with jpmorgan this morning. The banks set to pay pay recordbreaking 13 billion Justice Department fine to settle lawsuits at the height of the financial crisis. The markets pointing to a mixed open after the s p closes to an alltime record high as they wave some better than expected earnings against some budget uncertainty. The stock falling in the premarket as global sales fall in sim september. Starbucks in hot water after being accused of charging china markets higher than others. Jpmorgan close to reaching a tentative settlement. Kate kelly caught up with jamie dimon as he arrived at work this morning. Good morning. Reporter this 13 billion settlement na jp organ more beg hammering out with justice. What happens in light of the settlement . I asked mr. Dimon about this just momenting as as he came into work. Here is what he said. Were going to try to resolve everything we can and then were going to move on and serve our clients. I
Who i am and how i got here. No. Not i am jim cramer, host of mad money, squawk on the street. That plus an avatar and 140 characters pretty much sums up everyone these days. I want to you know more than that, although it did take me two years to learn an avatar wasnt a movie and a hash tag wasnt a number sign. What i want to do tonight in an extremely special and personal show, even by my own whacky standards is trace the arc that brought me to mad money, not for some autobiographical ego trip but to give you some money making lesson from the phases of my various careers and how you can profit from them. Remember, in the end this is cramerica. In short im going to give you the best of cramer guide book. So i can help you become better than i have ever been or ever will be, and thats the ultimate goal of mad money. Lets start real early, back in the time machine. My love of stocks didnt begin after law school or college or even high school. My love for stacks actually started back in f
If you only look at two of them you may miss the relationship action underneath. I dont talk much about commodities in the show because most of you dont trade them and i dont want to encourage you to do so. Theyre 24 hour, 24 7 worldwide business. Too hard for people at home. But if you want to figure out why we had huge disparities in the stock market today with industrials and oils driving, basically cancelling each other out. Hence the markets flat line then you dont need to look any further than the prices of copper and oil. Right now the market is in the grips of a classic slow down in china and its Ripple Effect on the rest of the world. Thats the Ripple Effect. China itself issues numbers. We focus on the raw commodities because the chinese economy involves taking those and turning them into something. Hundreds of millions of people from the world based citizenship. And at the looks of copper and we monitor that by looking at something called the jjc, a copper based etf, china i