{"id":1919526,"date":"2023-04-26T15:31:25","date_gmt":"2023-04-26T19:31:25","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-jim-cramer-curse-remains-undefeated\/"},"modified":"2023-04-26T15:32:23","modified_gmt":"2023-04-26T19:32:23","slug":"the-jim-cramer-curse-remains-undefeated","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-jim-cramer-curse-remains-undefeated\/","title":{"rendered":"The Jim Cramer Curse Remains Undefeated"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthe-jim-cramer-curse-remains-undefeated%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1919526&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Jim Cramer&#8217;s Anti-Midas Touch Strikes Again: First Republic Bank Shares Take Nearly 50% Nosedive<\/h2>\n<p>It seems like being on the wrong side of the stock market is just part of Jim Cramer&#8217;s job description. The CNBC host recently doubled down on an embattled stock that took a nosedive soon after. On April 25, Cramer tweeted that &#8220;It looks like First Republic v. everything else judging from these fine earnings.&#8221; However, by the end of the day, First Republic Bank shares had plummeted nearly 50%, extending its year-to-date losses beyond 90%. This was its lowest closing level on record, according to CNBC.<\/p>\n<h3>Cramer&#8217;s Criticism<\/h3>\n<p>Matthew Tuttle, CEO of Tuttle Capital Management, criticized Cramer&#8217;s take, saying that it looked more like First Republic and everything else. To make matters worse, Cramer tweeted his nonsense just after FRC shares had already dipped 40% on April 24. Even TheStreet, which Cramer co-founded, ripped the CNBC host for blowing it yet again, saying &#8220;Jim Cramer Was Dead Wrong About This One Stock Prediction.&#8221;<\/p>\n<h3>Cramer&#8217;s Anti-Midas Touch<\/h3>\n<p>Cramer has become the epitome of an anti-Midas touch. Whatever he touches in the stock market appears to consistently fall apart. The now-defunct Silicon Valley Bank suffered the second-largest bank failure in U.S. history after Cramer pushed the stock as a &#8220;winner&#8221; in February. It seems that being stubborn and doubling down on a foolish position doesn&#8217;t yield dividends.<\/p>\n<h3>Conservatives Under Attack<\/h3>\n<p><strong><em>Conservatives are under attack. <\/em><\/strong><em>Contact CNBC at <\/em><em>cnbcnewspr@nbcuni.com<\/em><em> and demand it distance itself from Cramer&#8217;s wild stock takes.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s a wonder whether being on the opposite side of stock market reality is just in the job description for CNBC host Jim Cramer. He haphazardly doubled down on an embattled stock that plunged soon after.\u00a0 Cramer took to Twitter at 6:14 a.m. on April 25 to say that \u201cIt looks like First Republic v.<\/p>\n","protected":false},"author":1,"featured_media":1919527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[21386,25210,6239,8689,14122],"class_list":["post-1919526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-cramer","tag-curse","tag-jim","tag-remains","tag-undefeated"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1919526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1919526"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1919526\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1919527"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1919526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1919526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1919526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}