Get more trading strategies and investing insights from the contributors on Real Money. Cramer told viewers they should have a list of stocks they want to buy, and the prices they want to pay, at the ready. When their stocks reach those prices, “buy them,” he said. You’ll never make money in the stock market if you’re too scared to buy. To sign up for TheStreet’s free Daily Booyah! newsletter with all of the latest articles and videos please click here.
The pundits will always tell you that buying the dips is stupid and that index funds are far better than individual stock picking. But in reality, isn’t buying at lower prices what you’re supposed to do? And if individual stocks are bad for you, how is a basket of them suddenly good for you? Then there’s the pundits’ obsession with the Federal Reserve, where they insist that rising interest rates will destroy our economy. But Tuesday, we heard from Fed chair Jay Powell that he’s not out to wreck the economy, he’s taking a common sense approach to monetary tightening.
When you’re a pundit, it pays to be bearish. If you’re a bull, and you get it wrong, you’ll be chastised forever. But if you’re bearish, well, you’re just being cautious. Over on Action Alerts PLUS, Chris Versace and Bob Lang are looking closely at CPI data showing inflation taking a bite out of consumer dollars. “Needless to say, we see that sobering view as a positive for the portfolio’s holdings in Amazon (AMZN) – Get Amazon.com, Inc. Report and Walmart (WMT) – Get Walmart Inc. Report.” Get in on the conversation and find out what they’re telling their investment club members on Action Alerts PLUS.
The News Highlights
- Cramer’s Mad Money Recap 1/12: Tesla, Ford, GM
- Check the latest News news updates and information about business, finance and more.
For Latest News Follow us on Google News
- Show all
- Trending News
- Popular By week