Dividend Journey 007: A (small) defense of Jim Cramer

While I was starting to get into dividend investing, I also read a few books by Jim Cramer that I checked out from the library. I read Real Money, Stay Mad For Life, and Getting Back to Even. I did not start watching his show until I had gotten through those three books. I found out later you can download it for free from the Mad Money RSS feed.

I used to post the feed entry if there were any typos. I might get back to doing that.

He is known for making some bad calls (Bear Sterns, Lenny Dykstra). He did some questionable stuff at his hedge fund. His show certainly has a lot of energy. Some would say too much.

But having read his books before watching his show, I think Cramer is worth listening to. In his books he talks about dividend investing. He talks about how to look at companies and value stocks. He talks about how to read financial statements. He tells people that they should study companies they want to invest in.

And between the yelling and the throwing stuff, he says the same things on his show.

I know a guy who was a trader on the floor of the stock exchange in the late 1980s-early 1990s. He says a lot of the same things Cramer does. One favorite: Bulls make money, bears make money, pigs and sheep get slaughtered.

One criticism I have is that he tends to have a lot of the same CEOs on: AGN, HAIN, PVH, SAP. SAP is pretty big. The  others, not so much. Although I do like hearing from the CEOs of NAT, ETN and HON. He doesn’t always ask them the hard questions, especially with oil and gas companies that engage in fracking. “Could you tell our audience how safe fracking is?” Seriously, what do you think the CEO of a driller will say to that? Once he asked the CEO of Pepsi about the safety of tap water, and she recommended that people just drink Aquafina, and he let it pass. Going with bottled water would be expensive. People don’t just drink water. People cook and clean with it as well.

And the talks with CRM are always a real love fest. You’re so great, Marc, really!!! XOXO

He is a bit wacky. He does make a lot of recommendations. But he tells you to make your own decisions and teaches you how to look at companies and what to look for. I think he does advocate a lot of good ideas: Looking at financial statements and listening to conference calls, diversification, and investing (and reinvesting) in dividend stocks.

I wish he would do a segment every now and then on dividend growth stocks and talk about some of the lists of dividend growth stocks that are out there. Perhaps he could have David Fish or David Van Knapp on his show to talk about the Dividend Champions or Dividend Aristocrats.

Stop Saying Both Sides Need To Rise Above

On Mad Money, Cramer keeps mentioning CNBC’s “Rise Above” movement. They are saying that politicians need to “rise above” partisanship and put country before party to deal with the fiscal cliff. They seem to be doing the Fox News “both sides do it” nonsense. Have these guys forgotten the debt ceiling debacle last year? We don’t need to tell all politicians to rise above. We need to tell Rescumlicans, Tea Baggers and god-nuts to shut up. The fiscal cliff is the result of last year’s debt ceiling crisis.

When GW Bust was president, and Rethuglicans held Congress, Rethuglicans just rubber-stamped the debt ceiling. We get a Democratic president, and so-called conservatives pull a Casablanca: They are shocked, shocked I tell you, at how much the government spends. If the Rescumlicans just went along last year like they always do, or Tea Baggers actually insist on fiscal discipline for presidents of BOTH parties, we would not have the fiscal cliff. So let’s stop talking about “both parties” being the problem. It’s the people with the “R” after their name. The people who kept saying the polls were skewed right up until the votes were counted.

Last night he had the CEO of Honeywell on. Honeywell is a stock I am looking at. But I wish Cramer asked him a few more tough questions. The CEO said there must be entitlement reform. That’s a code for “pull the plug”. He did not say anything about cutting military spending. Do we really need to spend as much on defense as the rest of the world put together? They have a site called Mission Ready and defense is one of their business units. Cramer says we will all have to sacrifice. Why didn’t he ask the CEO of Honeywell to sacrifice?

You will know that Rethuglicans are serious about balancing the budget when they propose serious cuts in defense spending. Sure, we need to cut Social Security, Medicare and Medicaid. But defense is a big, big part of the budget as well. Why should other people cut the spending that they like if you do not cut the spending that you like?

‘Mad Money’ Typo for 2012-07-26

There is a typo on the RSS Feed entry for the 2012-07-26 episode of Mad Money:

The Dow soared 212 points today.  Time to jump in or will the rally fade?  Then, rail giant CSX has lost steam in the past year, but could it be coming around a turn?  Cramer’s getting a read on everthing from autos to ag to caol as he finds out if it’s time to get aboard when he talks to the CEO.  Plus, investors bid up shares of healthcare products maker Covidien after reporting strong sales of its medical devices.  Could it continue to make a healthy run higher?  Don’t miss Jim’s earnings exclusive.

I just noticed there is a typo on the entry for 2012-07-25:

The Dow rallied at the open and maintained a healthy distance from the rest of the averages today,  cloing up 59 points after strong earnings buoyed the index.  Cramer’s pointing out some market dogs who are finally having their day.  Plus, after getting its wings clipped today – is there an oportunity to buy BWLD?  Cramer speaks to the CEO.  Then is there stregth returning to tech?  Cramer finds out when he talks to BRCM after its earnings beat.  And VZ vs. T – find out which telco Cramer is calling up.

2012-07-21 ‘Mad Money’ RSS Typos

There were a couple of typos on the Mad Money RSS feed this past week.

First off, here is the entry for 2012-07-17:

The Dow closed up two of the past three trading sessions, ending today up 78 points.  Cramer helps you direct to money making opportunities.  Then, could investing in FUN be fun?  And, extra, extra, read all about it!  Jim teaches you how to read between the liensa nd find investing ideas in the headlines.  Plus, the Homer Simpson Portfolio?  Cramer goes off teh charts to see if the technicals of DPZ, MCD and DNKN are looking tasty.

The “liensa nd” bit is actually two typos in one.

Here is the entry for 2012-07-19:

The Dow closed up 35 points today.  Investors took SNA for a ride after reporting, sending the stock of this mechanic’s favorite to a fresh all-time high.  Cramer finds out from its CEO if it has the tools to continue to tune up your portfolio.  Then, Facebook was a dud, but tonight meet the IPO studs.  Plus, tech’s fallen off its highs of the year, but after some upbeat earnigns – is it coming back in fashion?  Jim gest a read from chipmaker XLNX’s CEO.

Archive of Cramer ‘Mad Money’ RSS Typos

Here are some posts that were in the “Drafts” folder here at Everyday Freethought.

From 2010-04-29:

I do not own a television, but I do watch a few TV shows on my PC. I download Mad Money every night and watch it with Kaffeine.

I have noticed that the text in the rss feed frequently has some misspelled words. Here are some examples (emphasis added):

From the episode on 2010-04-23: The Dow was up 70 today, seeing its 8th straight week of gains.  Cramer tells you hwo to ride this wave, and lets you in on the rules Wall Street plays by, so you can cash in on this rally.

From the episode on 2010-04-28, a double: The Dow gained 53 points today after yesterday’s tumble.  Cramer shwos you how to avoid the reach of Europe’s woes.  And, how CPNO cold be your pipeline to profits.  Plus, is MSO a good thing?  And don’t miss Jim’s radical take on the HPQ/PALM deal.


Here is the feed entry for the 2010-05-03 episode of “Mad Money“, typos highlighted:

The Dow was up 143 poinnts today – Still scared of fin reg? Cramer explains why its time to get back to business and stop worrying about Washington. Plus, stick around all week for the biggest beats that could have you profiting well into 2010. And a lesson that could help you put your best foot forward.


From the rss feed entry for the episode for 2010-05-05, typos highlighted:

The Dow dropped 60 points after a volatile day.  Jim shows you where to find shelter from the European drama.  Plus, with financial regulation sweeping fear across the sector, Cramer’s go teh plays that you can bank on.  And, drilling for profits with CLB’s CEO.


From the rss feed entry for the episode for 2010-05-12, typos highlighted:

Cramer’s headed to California for cable’s biggest show, the NCTA – he’s got a star studded guest list looking at the future of business with teh CEOs of CMCSA, DECK, CLNE and HLF.


There have not been any Mad Money RSS feed typos in a while. I wonder if my posts got them to get their act together. They went a few weeks without any mistakes. But there is one in the entry for 2010-06-04:

The DOW tubeled 324 points today, but don’t believe the negative headlines on European worries and jobs.  Cramer’s here to keep your portfolio in the brightspot with a defensive Game Plan for next week.  Plus, deep impact?  Don’t miss Cramer’s one-on-one with Boone Pickens on $400 oil and the potential for natural gas in the wake of the Gulf oil crisis.


For the past few months there have not been that many typos on the “Mad Money” RSS feed.  But it looks like they have fallen off the wagon.

The post for 2010-11-22 let us know that there is bounty under heaven with a double typo:

The Dow lost 25 points today after hedge funds were raided – were they the only ones? Abd, panic at the Cisco? Jim offers an unlikely alternative. Plus, get out your frying pan! Mad Money heats up with Danney Meyer and his hospitality index, find out how he’s killing it with kindness.

The kicker here is that the guest was Danny Meyer, not Danney Meyer.

Here is another one from 2010-11-18:

The Dow was up 173 points today. Does the market seem all smoke and mirrors? Cramer’s pulling back the curtain to reveal what’s really happening. CRM’s been soaring, but will this stock keep riding sky high or is it about to come back to down to earth? Get your earnings edge in Cramer’s exclusive with Salesforce.com’s CEO. Plus, could a power shift in washington finally propel natural gas profits into your portfolio? Cramer finds out from RRC’s CEO.


Today the “Mad Money” RSS feed gives us a typo, and then gives us the correction. Perhaps the feed is becoming self-aware. Is Cramer a vanguard of the Singularity? The error and the correction are both highlighted:

The market fought back from triple-digit declines today, could the US be regaining it’s footing? Cramer accentuates the positives in the market. Plus, is the RTH the gift that keeps on giving? Cramer decks his mall with ways to profit from retail. And foreign fashionista? Cramer goes one-on-one with the CEO of WRC on its international expansion.


There is a small typo in today’s Mad Money RSS feed.

TThe Dow dropped 7 points today.  Cramer shows you what he’ll be watching next week in his Game Plan.  And, could SWK help retool your portfolio?  Plus, a tech spec that could license you to make mad $$$.  And, $2,000 gold?  AEM’s CEO thinks it’s possible.



2012-07-01 Cramer RSS Typos

It looks like there will not be an episode of Mad Money tonight. There is only one tweet today. I can see why, since the July 4th holiday is this week. But there was a typo in the RSS feed.

Here is one from the entry for 2012-06-27: Stocks rose today after encourgaing US data and a rally in crude oil prices, with the Dow closing up 92 points.  Time to take on the conventional wisdom?  Then, Cramer sits down with VTR’s CEO to see if it can help you sail into you golden years.  And, full of Trix or your Lucky Charm?  Jim gets the scoop on GIS from its CEO.  Plus, Jim gives you a notification on the FB saga as the street initiates coverage.

There were probably a few more since I last posted about it. I have not been looking quite as hard. I am looking forward to more Cramer next week. The issues in Europe are not taking any time off. So either they are late getting the episode up, or next week will be action packed.

2012-05-01 Mad Money RSS Typo

There were two typos in the RSS feed for Mad Money for the entry for the 2012-05-01 episode.

The Dow closed at a 4-year high today, climbing 66 points after strong manufacturing activity gave the market a boost.  Tongiht, Cramer beraks out his playbook and reveals the methods to his madness.  Learn the tricks of the trade Jim used to evaluate stocks during his over 30 years of money managing experience.

It was a repeat. I was hoping he was going to talk about PSX after it was spun off from COP. I think tonight will also be a repeat. I wish he would do a new episode tonight because there are new issues about the CEO of CHK, and a few new stories about energy.

Mad Money RSS Typo 2012-04-26 and 27

There was a typo on the Mad Money RSS feed entry for the episode for 2012-04-26:

The Dow soared 114 points today. Rest, relax, recharge and roar: Cramer reveals the four R’s that matter most to this market.  Then, CMG blew pst expectations when it reported.  But, it’s lost some heat – can it go from mild to hot again?  Don’t miss Jim’s exclusive with CMG’s big enchilada.  Plus, the pulse of tech with AVT’s CEO and take a ride with TWI.

There was a typo on the Mad Money RSS feed entry for the episode for 2012-04-27:

The Dow closed its best week since the first week of February, ending todays session 24 points higher.  Cramer arms you with a plan of attack before others sell in May and go away.  Then, does CY have the magic touch?  And, is KMB wiping the floor with its peers?  Plus, Cramer pondrs LIFE.



2012-03-23 Cramer RSS Feed Typo

There is a typo on the Mad Money RSS feed for the 2012-03-23 episode:

The Dow gained 35 points, but couldn’t recover from its poor perforance ealier this week and closed out its worse 5-day stretch in 2012.  Cramer helps you form your strategy for enxt week with his Game Plan.  Plus, a tech spec with its head in the clouds.  And what the heck!?  Jim investigates the baffling rise in MDP.  Then it’s time for tweets!  Jim answers the twitterverse.

I think three in one entry is a record.