Mad Money: Key points from October 31, 2022 (Monday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Monday, October 31, 2022.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) ‘Hold your nose and sell’ to brace for a possible market downturn, Jim Cramer says (https://www.cnbc.com/2022/10/31/hold-your-nose-and-sell-to-brace-for-a-possible-market-downturn-jim-cramer-says.html)

• CNBC’s Jim Cramer on Monday warned investors that they should trim some of their positions to prepare for a possible market decline.
• “According to the S&P oscillator I’ve followed for ages, we’re very overbought right now,” he said. “You have to hold your nose and sell something because we’re due for a pullback.”

(2) Executive Interview: Brunswick CEO on navigating supply chain issues (https://www.cnbc.com/video/2022/10/31/brunswick-ceo-on-navigating-supply-chain-issues.html)

Cramer spoke with Brunswick CEO David Foulkes on Monday.

Ticker: BC

(3) Off-the-Chart: Charts suggest the market has more upside through the end of the year, Jim Cramer says (https://www.cnbc.com/2022/10/31/charts-suggest-the-market-has-more-upside-through-the-end-of-the-year-jim-cramer-says.html)

• CNBC’s Jim Cramer on Monday said that the market could see a rally later this year that lasts through the end of 2022.
• “The charts, as interpreted by Larry Williams, were able to call this incredible October rally. … And now he says that this market’s likely got even more upside even through the end of the year,” Cramer said.

(4) Executive Interview: Republic Services CEO says commodities volatility in the company’s recycling business is ‘short-term’ (https://www.cnbc.com/video/2022/10/31/republic-services-ceo-says-commodities-volatility-in-the-companys-recycling-business-is-short-term.html)

Cramer spoke with Republic Services CEO Jon Vander Ark on Monday.

RSG

(5) Cramer’s lightning round: Riot Blockchain is not a buy (https://www.cnbc.com/2022/10/31/cramers-lightning-round-riot-blockchain-is-not-a-buy.html)

• Palantir: “If it can get to $10, then I would skedaddle. I hate to recommend it all the way down here because it’s near the bottom.”
• Southwestern Energy Co: “This stock is too cheap. … I wish my Charitable Trust owns it.”
• Black Knight Inc: “The government is so fickle, I hesitate to recommend any arbitrage situation.”
• Match Group Inc: “At $43? Really? I’m not going to recommend a sale of that thing.”
• Riot Blockchain Inc: “I’m not recommending any companies that are losing money.”
• Manchester United PLC: “It’s not making money. … I have no catalyst, and when I have no catalyst, I just don’t know how to recommend.”

Ticker: PLTR, SWN, BKI, MTCH, RIOT, MANU

(6) [No Video Clip] Cramer explains why investors should beware of taking investing advice from billionaires (https://www.cnbc.com/video/2022/10/31/cramer-explains-why-investors-should-beware-of-taking-investing-advice-from-billionaires.html)

Cramer on Monday explained why investors should be selective of whose investing advice they heed.

Other Stocks Discussed (calls with audience): PEPSICO (PEP) [wait until its comes done, no need to buy now], Crown Castle (CCI) [good stock to own now], Shopify (SHOP) [its’ a buy] Sentinel One (S) [get Palo Alto Network]

Ref: Links to other sites that relate to episode of October 31, 2022

• Google Podcast (Sound）
• Internet Archive（Video & Texts per minute）

Disclaimer

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