Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 12/17/24
19 snips
Dec 18, 2024 Navigate Wall Street with insights on adapting trading strategies for today's market. Explore the potential in undervalued healthcare stocks, especially in medical devices. Discover the critical principle of buying low and selling high through recent market movements. Delve into the impacts of speculation in business media and why relying on solid data is essential. As the new year approaches, examine stock dynamics and the shifting focus on tech and safe-haven assets. Stay informed to capitalize on opportunities amid volatility.
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Buying and Selling Stocks
- Find good stocks at good prices and buy them.
- Sell bad stocks at any price and remove them from your portfolio.
Day Trading at the Hedge Fund
- Jim Cramer recounts his day trading experiences at his hedge fund.
- He emphasizes the importance of not fighting the trend and cutting losses quickly.
Investing vs. Trading
- Day trading focuses on small, short-term gains ('scalping pennies').
- Investing aims for larger, long-term returns ('zeroing in on dollars').