Well-known market analyst, host of Mad Cash on CNBC, and an anchor on Squawk on the Avenue, Jim Cramer has recently discovered himself on the improper aspect of the market. Notably, Cramer’s funding concepts have turned out to be a meme, with most buyers opting to quick his concepts.

Cramer Lauds Defunct Silicon Valley Financial institution

Just lately, Cramer lauded the defunct Silicon Valley Financial institution (SVB) only one month earlier than it collapsed. He informed his viewers that the financial institution’s inventory worth was “low-cost” and ripe for a rebound this yr after getting hammered in 2022.

Inverse Cramer Tracker ETF Outperforms the Market

Curiously, an inverse Cramer tracker ETF has outperformed the market, thus making the CNBC host a joke to the funding circle. The Inverse Cramer Tracker ETF started buying and selling on the Chicago Board Choices Change on March 2. The ETF provides quick publicity to Mad Cash Host Jim Cramer’s inventory suggestions.

Cramer Urges Viewers to Dump Bitcoin

Throughout a Mad Cash present earlier this week, Cramer urged his viewers to dump Bitcoin attributable to market uncertainties. 

Quite the opposite, Bitcoin worth is up over 28 per cent previously seven days to commerce round $26.2k on Friday. “I might promote my Bitcoin into this rally, consider me, and I had been a believer in BTC,” Cramer stated.

Musk Approves!

Following the latest happenings with Cramer’s funding concepts, buyers are extra assured in shorting the veteran host. Because of this, Dogecoin founder Shibetoshi Nakamoto indicated that Cramer is sweet at his job for guiding buyers appropriately in the other way. In response, Musk famous that the funding power is nice with inverse Cramer.

Cramer’s Tracker ETF Garners Consideration

Already, a Twitter account dubbed inverse Cramer has over 217k followers with enormous on-line exercise.