European stocks slide at open as bond yields surge
European stocks opened lower as surging bond yields and higher oil prices weighed on risk sentiment.
Jim Cramer outlined his investing rules while Inverse Cramer traders question his consistency, pointing to moves like selling Bitcoin then advising to buy.
Jim Cramer has shared the set of investing principles he follows personally. Those same guidelines gave rise to a whole trading approach that bets on him being wrong.
During a Mad Money episode, Cramer advised his audience never to purchase an entire position all at once. He recommended holding cash reserves and avoiding panic selling when markets fall.
In March 2023, Tuttle Capital Management introduced the Inverse Cramer Tracker ETF (SJIM). The fund was designed to take short positions on any stocks Cramer promoted on his show.
The Long Cramer ETF (LJIM), its bullish counterpart, closed roughly five months earlier, having drawn even lower levels of investor interest.
SJIM then shut down in February 2024, ending its run with only $2.4 million in assets and a 15% decline from its inception. Yet the internet joke has persisted beyond the fund's lifetime.
Chris Josephs, a cofounder of Autopilot, created a different iteration of this wager via his trading platform. The app allows users to replicate an Inverse Cramer strategy that goes against Cramer's recommendations.
According to Josephs, the portfolio has appreciated roughly 158% since it started in 2023. The SPDR S&P 500 ETF Trust increased by approximately 68% in that same timeframe, he noted.
Josephs reported that the Inverse Cramer portfolio had around $55 million in assets under management as of March 2026.
The inconsistency appears in the crypto space as well. Cramer unloaded his Bitcoin positions due to concerns about quantum computing.
On the same program, he advised a caller to purchase the cryptocurrency he had just sold. This contradicts the rule he advocates about not panicking.
The pattern has been documented by BeInCrypto previously. Investors have made analogous parallels by examining Arthur Hayes' trading record as an example of betting against prominent figures.
This does not demonstrate that the current rules are incorrect. However, the coincidence is striking. Buy in stages, hold cash reserves, avoid panic. That sounds like a list of the very actions the Inverse Cramer group accuses him of violating.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
European stocks opened lower as surging bond yields and higher oil prices weighed on risk sentiment.
Nasdaq futures trader identifies key support and resistance zones near 30,900-30,935 and 30,380-30,420, with nearby support at 30,640-30,675.
India's Nifty 50 fell nearly 1% in pre-open trade, and the rupee weakened amid suspected RBI dollar sales.
MIT analysis finds hyperscalers need 2.7x productivity gains by 2030 to break even on $1.1 trillion AI bets.