More Cramerica, and why
Beginner Stock Market Investing, Stock Market Investing Advice, Stock Market Investing Strategies
A few of you may already know, but there are two reasons I have chosen to do so many posts on Cramer’s picks. The first is that it is an easy way to track and record his accuracy. The second reason is that I had someone very close to me get into a bad car accident and I have had a lot of time moved toward that situation and updating Cramer’s picks is fast and easy. I will return to lengthy posts in a few days (i hope).
Back to Cramer’s picks. As of monday we had two more stocks get added to the list. BBT and HRB.
CLNE capped at about +20% but has since dropped significantly back down to about +9.1%
JCG is now around 4.1%
LOW is now around 2.5%
And the two new additions have been dismal at best. HRB is currently down -4.3%
BBT is depressingly -9.9%
On the other hand, the fannie mae and freddie mac pics (short) that i agreed with but subsequently dropped as they were too close to a margin call, finally got government intervention and dropped to ~1$. If you could have stomached the >40% upward swing, the drop to 1$ would have netted you close to 80%. Too bad the upticks were too close to margin to make it a safe or realistic ride.
CLNE should have been sold around the 10-15% mark (according to my trading rules) but for posterity’s sake I am letting it ride. The same goes with Lowes. JCG has not hit double digit gains from what I have seen and so it also continues to ride.
Excluding the mortgage stocks, the average gain for picks thus far is 3%. Great. So far his picks match my checking account APR!!!
