We recently published an article entitled What happened after Jim Cramer talked about these 13 actions. In this article, we are going to take a look at where upstart holdings, Inc. (Nasdaq: Upst) comes down to the other actions that Jim Cramer recently discussed.
During a recent episode of Mad Money, Jim Cramer offered his point of view on the day’s market rally when he complained about the impact of current dynamics between President Donald Trump and the president of the Federal Reserve Jerome Powell.
“All day long, I heard that today’s rally was just a bearing market rally, okay? That it was a false peak, and that the market will resume from the moment the president publishes that there will be no compromise on the prices. Who knows, maybe Chef Fed Jay Powell should be expelled.”
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However, Cramer stressed that the tone has changed significantly just after closing the market. Depending on his words, “we get incredible news that is sure to drive this market higher.” The news came directly from the president, who said that he did not intend to dismiss Powell, a rumor that Cramer identified as a major factor in the slide of the day before. Trump’s statement, “never did it, never”, concerning no plan to delete Powell actually erased the cloud of uncertainty that was suspended on the markets.
Given this reversal, Cramer wondered if the rally could still be called a rebound on the bear market. In his opinion, it now looked like something more substantial. He explained that real recovery is often wrong at first. According to Crammer, they generally start with what seems to be rallys in the bear market, short -term and suspect increases that many investors brush due to repeated disappointments in the past. He pointed out that the first stages of authentic market turnarounds are often marked by disbelief and hesitation, only the most daring or reckless merchants recognizing their potential from the start. He added:
“Now look, just because the president does not want a constitutional crisis and will keep Powell does not mean that we have more to do. For example, there was no sign of change compared to the administration on commercial wars.”
For this article, we compiled a list of 13 actions that were discussed by Jim Cramer during the episode of Mad Money on April 22, 2024. We then calculated their performance from April 22ND2024, market near April 23RD2025, Market Close. We have also included the feeling of hedge fund for actions, which we prove from the database of the first quarter of 2024 of the initiate of more than 900 hedge funds. The actions are listed in the order that Cramer mentioned them.
