Jim Cramer gives tips on how to prosper in the new market environment

CNBC Television published this video item, entitled “Jim Cramer gives tips on how to prosper in the new market environment” – below is their description.

“Mad Money” host Jim Cramer said the stock market has reached a point where investors “typically tend to throw up their hands and give up on the entire asset class.” Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

CNBC’s Jim Cramer on Thursday laid out his dos and don’ts for investing in the current market environment.

“If you accept your predicament and you follow these rules, you’ll have a chance to prosper in this brand new market. But if you try to cling to what worked last year,” the “Mad Money” host said, “I think you’ll get blown out just like the people who tried to stick with dreamer internet stocks during the dotcom collapse.”

The Dow Jones Industrial Average climbed almost 200 points higher on Thursday to 32,619.48. The S&P 500 moved up 0.52% to 3,909.52, and the Nasdaq Composite gained 0.12% to close at 12,977.68.

This is a tricky situation, despite the positive day for stocks, Cramer said, with the market on a weekslong downtrend. Whenever the market rolls over, he said, investors go through the five stages of grief: denial, anger, bargaining, depression and finally acceptance.

“We’ve now made it … to depression, even as the averages rebounded nicely this afternoon,” he said. “This is when lots of investors typically tend to throw up their hands and give up on the entire asset class.”

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online

Get the latest news: http://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC




CNBC Television YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

  • Wu Silverman: A big market bet by a trader could signal a major shift in sentiment
  • Go Big or Go Home: The Best Ideas for Q4 from Piper Sandler’s Craig Johnson
  • Today’s RBI: Why traffic may be getting worse now than even before the pandemic
  • In This Story: S&P

    S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. One division of the business, S&P Global Ratings, is considered the largest of the Big Three credit-rating agencies, which also include Moody’s Investors Service and Fitch Ratings.

    2 Recent Items: S&P

  • Evergrande Rating Cut Deeper Into Junk by S&P
  • Ethereum upgrade marks beginning of the end for traditional ether mining: CNBC After Hours
  • Leave a Comment

    We don't require your email address now, just your name. BUT, if you do add it, you may be notified if there are replies to your comment. Please make respectful comments, which add value, and avoid personal attacks on others. Comments failing to adhere to these guidelines will not be published.