We recently published a list of Jim Cramer discusses these 10 actions and says that President Trump should be like Steve McQueen. In this article, we will examine where Nvidia Corporation (Nasdaq: NVDA) stands against other actions that Jim Cramer discusses.
During a recent appearance on CNBC Squawk on the street, Jim Cramer continued to discuss President Trump and his prices. The market has eliminated 4 billions of dollars of value since its peak after the elections on Monday and Cramer commented the sale on Tuesday. Throughout the show, he argued that the president should refine his messages for the prices. Recalling President Herbert Hoover, Cramer said:
“I mean, look at the president says that the prices will be the greatest thing we have ever done as a country. Well, I mean, Smoot-Hawley, 1930, Hoover. RIGHT. The greatest things will happen to our country. 32 ′, election, wants him to say that. Wants to recover it. Lost with a mile.
A president whose Cramer approach believes that Trump should consider following is Ronald Raegan. Imploring that “wickedness” is not an American value, he shared:
“I love Raegan then, Raegan spoke gently. Look when you look at the 1980s as a period of halie retrospectively. Raegan did it with a good warrior smile. I don’t see any smile here. I see wickedness. America does not like wickedness. It is not our country. Wickedness. We are not mean. Be more like Steve McQueen. Who was great. He’s like. . .Robert Vaughn. Do not give me Robert Vaughn. Give me Yul Brynner.
The conversation then moved to the markets. While the Nasdaq bled at 4% during the day, Cramer shared that Trump prefers to refer to the DOW index as his favorite stock market indicator:
“I mean, I obviously mean that the Dow Jones is not as broken as the Nasdaq. And it’s Dow Jones. It has always been the Dow Jones with the president. Which is good. Very significant. I want to emphasize that he was more constructive at the idea of binding to the market than today. Because when he said you can’t really look at the stock market, it’s a bit of a pivot of what we heard. “”
The CNBC television program also believes that Trump’s stock market loss could alienate the president’s workers’ base. According to him:
“The stock market is a decent referendum because everyone sees it. And by the way, the people, the base has a 401 (K) and the base has one, they have an IRA. And the base does not want to lose money. The base works very hard for the IRA to hear. And it’s the attacked IRA. There is absolutely nothing difficult to send stocks if companies are doing badly and we have heard a couple, Verizon, we have heard some airlines. We are in the conference season, so you hear companies hearing negative things. “At the same time, why be part of it?” Why make matters worse? And the answer is what I think the president right now wants to do something with the prices. But prices are really difficult to understand for the base. They are difficult to understand for me. I studied the economy. I studied with Gailbraith for the love of heaven. They are really good people. All Nobel guys. It’s hard. It’s hard. And I think it is better to say that we are going to work quietly to improve things for your workers, but if you open a factory in our country while you make people are dismissed now, there is a considerable gap between the layoffs now and when the factory can open. Especially when you build very, very difficult foundries. They take four, five years to build. So I think it’s a good time to say to look, we have established a kind of roadmap here and you don’t necessarily hear what we are going to do. But we do it for you. . This is the message. “”
