Everything Jim Cramer said about the stock market on 'Mad Money,' including Schwab-TD Ameritrade talks, weed stocks, United Airlines and AMD CEOs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Everything Jim Cramer said on 'Mad Money,' including Schwab-TD Ameritrade talks, weed stocks

to change the status quo with commission-free trading, he added.

"Earlier this year ... Robinhood reached a tipping point in asset gathering that the incumbents, like Schwab and TD Ameritrade, had to respond to by abandoning commissions," he said. "Now these companies have to combine to cut tech spending ... ad spending to defend their turf" from app trading.Adam Jeffery | CNBCCEO Oscar Munoz told Cramer.

"I've never seen a wider gap between what is being discussed and trying to be pushed and the facts and the figures that we see,"The fire is out on weed stocks A customer lights a joint at Lowell Farms, America's first official Cannabis Cafe offering farm-to-table dining and smoking of cannabis in West Hollywood, California, October 1, 2019.has tapped the breaks on his hypothesis for pot stocks claiming "the marijuana industry is just not what it was cracked up to be."host said he may have been wrong in calling the weed business an "incredible opportunity.

"The cannabis industry [has] got to be rational and rationalized — it's neither. Companies need to close, funding needs to dry up, mergers must occur," the former hedge fund manager said. "Until then, these stocks are now sell-in-the-strength detritus. A casualty of a market not yet ready for prime time or anytime, for that matter."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Target soars 14% on earnings—Jim Cramer and other pros on what to watch nowTarget's earnings beat pushed the stock to new heights Wednesday, and industry leaders say it's a sign of underlying strength in the U.S. economy.
Source: CNBC - 🏆 12. / 72 Read more »

Tech stock picks, IPO investing strategy from fund manager Jim Golan - Business InsiderA fund manager who's outshining 95% of his peers unpacks the secret weapons behind his top 2 tech stocks — and explains why he almost never invests in hot IPOs
Source: BusinessInsider - 🏆 729. / 51 Read more »

Everything Jim Cramer said about the stock market on 'Mad Money,' including trade hits to tech stocks, exec interviews with Salesforce, RH and SquareCNBC's Jim Cramer advises investors not to give up software-as-a-service plays, despite boiling trade tensions. The 'Mad Money' host sits down for interviews with executives of Salesforce, Square and RH.
Source: CNBC - 🏆 12. / 72 Read more »

Everything Jim Cramer said about the stock market on 'Mad Money,' including retail earnings, Okta and Tableau Software CEOsCNBC's Jim Cramer breaks down the strengths and weakness behind the earnings reports in Home Depot, Lowe's, Kohl's and Target. The 'Mad Money' host sits down with the CEOs of Okta and Tableau to get insight into the impact of technology on businesses.
Source: CNBC - 🏆 12. / 72 Read more »