Jim Cramer

U.S. stocks will do much better over the four weeks after November 18, 2022 (to about December 16, 2022).

“You've got to adjust your mindset to a world where the bears are finally in retreat, because I'm betting the next four weeks will be much better than what we've come to be used to”

Said on

18 November 2022 · Mad Money, CNBC (week-ahead segment)

Source

Cramer’s Week Ahead: Markets Will Do ‘Much Better’ During the Next Four Weeks · NBC New York (CNBC)

Should come true

16 Dec 2022

How sure they sounded

I'm betting

Categories

Markets

Importance

1 of 5 · Short-term, four-week market call.

Outcome

Inaccurate

The S&P 500 closed at about 3,965 on November 18, 2022 and at 3,852 on December 16, 2022, about 3% lower, after two straight losing weeks following the Fed's December meeting. A brief rally to around 4,080 at the start of December faded, so the four weeks were not "much better."

Evidence:

• https://www.schaeffersresearch.com/content/ezines/2022/12/16/stocks-finish-another-week-deep-in-the-red
• https://myweeklystock.substack.com/p/my-weekly-stock-debrief-dec-12-16