will the Inverse Cramer effect hit Nvidia in six months (May 2024)?
17
1kṀ4579
resolved May 22
Resolved
NO

resolution criteria updated after publishing, description updated below

this is a duplicate market with a longer timeline - feel free to bet on the original if you think the Cramer effect will kick in by the end of the trading year.


There's a reason The Inverse Cramer Strategy is a popular trope. Recent examples below, though there are many noteworthy instances when going against Cramer paid off.
Binance

Kyle Vogt (who apparently resigned for personal reasons, but still)

Given that Cramerisms are often seen as omens, should we assume that his enthusiasm toward Nvidia is a bad sign?

To make it easy-ish, I'll resolve this Yes/No within six months if NVDA is down 10% from today's market close ($499.44 on 21/11) and remains for one week.


Resolves Yes if the stock value at market close remains 10% for one week before 21/5. Otherwise, resolves No.

*Obviously given Nvidia's position in the market these days, a Yes resolution feels like a bit of a stretch. Still, we can't underestimate the power of Jim Cramer to be horribly wrong, particularly with a six-month breadth.

ETA: target is $449.49 for one week, consecutive

Get
Ṁ1,000
to start trading!

🏅 Top traders

#NameTotal profit
1Ṁ60
2Ṁ36
3Ṁ30
4Ṁ22
5Ṁ18
© Manifold Markets, Inc.TermsPrivacy