Investors Who Reject Jim Cramer's Advice Will Love This New Twitter Account

Bet against Cramer and make money.

Mar 25, 2023 - 02:30
 0  28
Investors Who Reject Jim Cramer's Advice Will Love This New Twitter Account

Bet against Cramer and make money.

Who knew picking stocks could be so complicated?

Despite his bluster and bravado, CNBC's Jim Cramer does get it wrong sometimes and people on social media love to point out when he misses. 

They love it so much that the "Inverse Cramer" movement has become popular for people looking to make money by doing the opposite of what Cramer advises.

DON'T MISS: Jim Cramer ETFs Now Exist, But Probably Not In the Way He'd Want

Now StockMKTNewz, a popular Twitter account for stock market watchers, is getting in on the fun. 

StockMKTNewz is capitalizing off the launch of two inverse Cramer ETFs that launched earlier this month. 

StockMKT's tracker is based on the trades of the Inverse Cramer Tracker ETF and Long Cramer Tracker ETF.

The funds were introduced by Matthew Tuttle, CEO of Tuttle Capital Management.

He is also the manager who runs the AXS Short Innovation Daily ETF  (SARK)  that provides investors with a vehicle to bet against Cathie Wood's ARK Invest flagship ARK Innovation ETF  (ARKK) - Get Free Report.

"The Inverse Cramer Tracker ETF seeks to provide investments results that are approximately the opposite of, before fees and expenses, the results of the investments recommended by television personality Jim Cramer," its website says.

The other ETF does exactly the opposite.

"The Long Cramer Tracker ETF seeks to provide investments results that generally track, before fees and expenses, the results of the investments recommended by television personality Jim Cramer," according to its website

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow