Jim Cramer's Stop Trading 9/17
This is really a Franklin Delano Roosevelt moment, Jim Cramer said on Wednesday's Stop Tradingsegment on CNBC. We're only fearing fear itself.
He encouraged viewers to consider several potential factors that could be positive influences on the market, including the coordination of worldwide interest cuts, huge Chinese stimulus plans, a waiving of the private equity rules and the SEC's waving of rules on buybacks.
I am only trying to bring out things that could go right, because I've heard all day what could go wrong, he said.
Cramer, who owns Goldman Sachs(GS ) and Morgan Stanley(MS ) for his Action Alerts PLUS charitable trust, stood behind the two financial companies. I tell you that September calls on these positions will be rewarded for very little capital, he said.
Published By TheStreet.com
He encouraged viewers to consider several potential factors that could be positive influences on the market, including the coordination of worldwide interest cuts, huge Chinese stimulus plans, a waiving of the private equity rules and the SEC's waving of rules on buybacks.
I am only trying to bring out things that could go right, because I've heard all day what could go wrong, he said.
Cramer, who owns Goldman Sachs(GS ) and Morgan Stanley(MS ) for his Action Alerts PLUS charitable trust, stood behind the two financial companies. I tell you that September calls on these positions will be rewarded for very little capital, he said.
Published By TheStreet.com
Labels: Goldman Sachs Group Inc., GS, Jim Cramer, Morgan Stanley, MS, Stop Trading
posted by Stock Administrator @ 7:55 AM
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