Financial News vs. Noise Newsletter
Jim is flipping on China, at least short term:
Jim Cramer just said in a CNBC Interview that if he was: “running a hedge fund I would make a trade. I would buy the stocks of Alibaba $BABA, Baidu $BIDU, $PDD and $JD ”
Jim also doubled down on his TSLA criticism:
All this week i have been pondering the demise of the term The Magnificent Seven because of the challenges facing Tesla. People are oblivious to this because the company is amazing, but last night it just felt like another cyclical under attack by Chinese imitators and higher rates
Last night Cramer said to ignore the bad breadth in the market. May work short term, but not longer term.
Cramer Picks for 1/24/24
NKE
NFLX
Oil Services
MOD
CQP
TTEK
BMY
Bitcoin
SLCA
PRAX
GETY
The views and opinions expressed herein are those of the Chief Executive Officer and Portfolio Manager for Tuttle Capital Management (TCM) and are subject to change without notice. The data and information provided is derived from sources deemed to be reliable but we cannot guarantee its accuracy. Investing in securities is subject to risk including the possible loss of principal. Trade notifications are for informational purposes only. TCM offers fully transparent ETFs and provides trade information for all actively managed ETFs. TCM's statements are not an endorsement of any company or a recommendation to buy, sell or hold any security. Trade notification files are not provided until full trade execution at the end of a trading day. The time stamp of the email is the time of file upload and not necessarily the exact time of the trades.
TCM is not a commodity trading advisor and content provided regarding commodity interests is for informational purposes only and should not be construed as a recommendation. Investment recommendations for any securities or product may be made only after a comprehensive suitability review of the investor’s financial situation.
© 2024 Tuttle Capital Management, LLC (TCM). TCM is a SEC-Registered Investment Adviser. All rights reserved.