I do think that limiting yourself to 1 day, 1 week, 1 month horizons is... limiting. Making predictions on that horizon is essentially predicting events (earnings, mergers etc.) and market dynamics. For example, I've worked at a public company who I knew was in trouble from an engineering perspective. I left, over the 3 years before, and 3 years after I left, the stock performed very well. So in terms of stock market predictions, it's not about knowing he underlying performance of the business. It also lends itself to letting Cramer market his own homework - did the stock go up due to his influence for example? Could be the case for smaller cap stocks, and particularly over a 1 day horizon.
It's also rather comical that he's right a little over 50% of the time when making a positive prediction and a little less than 50% of the time when making a negative. Or to put it another way, the stock market goes up -so when you predict it goes up, you're generally right.
It's also rather comical that he's right a little over 50% of the time when making a positive prediction and a little less than 50% of the time when making a negative. Or to put it another way, the stock market goes up -so when you predict it goes up, you're generally right.