On big up days, always be tough on your portfolio, says Jim Cramer

'Mad Money' host Jim Cramer shares his playbook for taking advantage of a short-term rally.

[@WillieGoyette]

Bullish or bearish, AI stocks will still dominate 2024, even beyond. Why I prefer NVIDIA is that they are better placed to maintain long-term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[@WillieGoyette]

@RobertHarder-wo5vp Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@WillieGoyette]

@RobertHarder-wo5vp I will give this a look, thanks a bunch for sharing.

[@Manselus-uy3kz]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@user-ql1hu3fr4f]

I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

[@TaniaLato-ky4wo]

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[@Valentine-sd2fb]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@TaniaLato-ky4wo]

My go to person is a ‘ANGELA LYNN SCHILLING '. So easy and compassionate Lady. You should take a look at her work.

[@Valentine-sd2fb]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@MatthewMS.]

James the 🐐 of Wall Street. Thank you for NVDA call. I watched this live on my futon in central Jersey when with Merrill Lynch and remember it clearly. Thanks for everything: “You've got to adopt a Henry Ford attitude during times like these. You have to never explain and never complain, and Bear Sterns didn't do that. They should have kept their mouth shut. They should have waited until they thought that the shorts were done and then they should have started buying. But they aren't doing that, and that is instilling more fear. They should have said that they are just doing well. This is about Bernanke. Bernanke needs to open the discount window. That's how bad this thing is. Alan Greenspan gave everyone a teaser rate, and then he raised it 17 times. Bernanke is being an academic. It is no time to be an academic. It is time to open the darn Fed window. He has no idea how bad it is out there, he has no idea. Bill Poole has no idea. They're nuts. They know nothing. It hasn't been like this since 1990, but this is a different kind of market, and the Fed is asleep. Bill Poole is shameful. You can't get a loan anymore unless you are rich like Cramer. Bernanke needs to cut the rate and relieve the pressure. Doing that wouldn't lead to Armageddon. We already have Armageddon. Someone needs to come on to TV and tell the truth, and that is what Cramer is doing. 14 million people took mortgages last year, and 7 million of those took teaser rates. Those people are going to lose their homes. This is crazy. You have to understand what they are saying to Cramer every day. This is not the time to be complacent. It would be nice to not know anyone so that you could just tell everyone to go buy some Washington Mutual for its yield. But unfortunately, Cramer knows too many people, and he is just too darn old to do that. Bernanke needs to call someone. He's just sitting there without calling anyone. Bill Poole is just like Herbert Hoover.”

[@user-yq7rr9lh9c]

Yes, best advice ever, sell your winners like NVDA that will be paying you tons of money next 10 years!

[@weho_brian]

you dont have to sell, you can always trim.

[@danielchristopher3598]

Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022

[@danielchristopher3598]

Yeah, since meeting expert Dorothy, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.>>

[@jeffersonbraxton2672]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

[@ThomasNguyen-tw1hy]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.

[@user-ev8yx6lx6s]

She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

[@Barbarawilson-uv6vj]

Please do you mind sharing any means of reaching out to her easily?

[@naualbaba6733]

Big Thank you from london for you advice ❤

[@weho_brian]

Jim is right, be cautious when the markets are at extreme optimism. At the same time, you should be the most optimistic when everyone else is selling

[@UziGameGP]

Fear and greed still not in extreme

[@AnthonyLopez-di5vv]

Cue the witless cliche: it’s about time in the market, not timing the market. I actually appreciate that Jim here is not just saying sell high buy low across the board. Rather, there is a logic to how much, when, and what. most ppl under appreciate this

[@fred-ts9pb]

Unless of course you have amd in your portfolio which is sitting it out so far this year. Any correction in the high flyers, NVDA etc will crush your non performers.

[@agentjacob4099]

Invest in a competent financial therapist without a doubt. There are blind spots for everyone when it comes to money. I moved to New York and began consulting with mine in Washington. In the last eight months, I moved from making a pitiful 500k to exactly 662k, all thanks to a strategy and a growing fondness for spreadsheets. This gives me a lot of hope for 2024

[@savvyguy1353]

He’s trying to price you out of winners so you have to play catch up. This is silly

[@kalmurza]

Listened to first 4 minutes. Didn’t understand jackshit. Should I keep watching?

[@ZiggyJames]

FIRST

[@savvyguy1353]

This is remarkably stupid

[@duffduck]

lousy NVDA bots everywhere, almost like its being coordinated

[@MatthewMS.]

Yes, we are coordinating against you. It’s all been planned.