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
Related questions
@firstuserhere this is hilarious. he's been tempting fate for a while with this one.
can we do a welfare check on his dog (named Nvidia), then?
@KLiamSmith You're right and I should really think things through before I create markets 😅
Particularly because it would defeat the purpose if it tanked and then by some grace happened to be within a 10% margin on the final trading day.
Maybe I need to recalibrate this one.
@KLiamSmith thanks! what do you think would be a good resolution here? I think I'll update it. 10%+ reduction for x amount of time in the next 6 months?
X = a week? two weeks? any opinion?
@shankypanky Yeah, a 10% drop for even a week would definitely qualify as an Inverse Cramer.
@KLiamSmith thanks Liam - I'm going to update it to resolve if that happens in the next six months
guess now I'm set to be attentive to a stock I don't own 😅