Mad Money Update
Beginner Stock Market Investing, Stock Market Investing Advice, Stock Market Investing Strategies
For those who have been following this blog you know that I am keeping a quick log of Jim Cramer’s picks from mad money. I have not posted the last couple picks but will do so now as I have already added them.
After the CLNE and Fannie Mae/Freddie Mac segments, we were then told to buy into Lowe’s Hardware, J Crew, and then Cramer repumped CLNE.
I’m a bit late on the J Crew purchase so I will be making that today (again using a fake money account). However I will still show the gain/loss as if I had bought the next day.
Here are the standings. Remember that I double shorted Fannie Mae as Cramer dumped all over it and I agreed. However, that appears to have been a miss for us both. It happens 
CLNE +13.4%
FNM -20.8% (x2)
LOW 7.9%
JCG +14.9%
For a total average of -1.08%.
Though this is not totally fair as I stopped shorting Cramer’s negative picks. So if we exclude the FNM debaucle and trade simply on positive hype, then we see an average 12% in about a week. Honestly, this is better than I had thought. I am going to drop the FNMs and simply go for his buy recommendations from here out.
Stay tuned!
