The Margin: Jim Cramer gets trolled before ringing the opening bell on Monday
Ring the alarm
Mad Money host Jim Cramer rang the New York Stock Exchange opening bell on Monday to honor the Comcast-owned CMCSA, +0.21% CNBC shows move to broadcasting from the NYSE beginning July 18.
But financial Twitter and the Reddit WallStreetBets crew were quick to remind the public that the last time Cramer rang the opening bell to mark Mad Moneys 15th anniversary on March 6, 2024 the NYSE Composite Index tracking every share listed on the NYSE fell 1.9%, and COVID caused the stock market to crash just days later.
Whats more, when Cramer also rang the opening bell in March 2015, the NYSE Composite Index dropped 1.15%.
So financial Twitter and WallStreetBets have been having a field day cracking jokes at Cramers expense, anticipating another volatile day on the markets after the CNBC commentator rang the bell. Soon, Jim Cramer was trending on Twitter on Monday morning. And memes predicting the death of the stock market such as images of the musicians playing on the deck of the sinking Titanic abounded online on Sunday night and well into Monday morning.
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