The creation of two exchange-traded funds (ETFs) by Tuttle Capital, based on the meme that Jim Cramer is always wrong in his stock market predictions, has garnered attention. The first fund, the Long Cramer Tracker, was shut down due to lack of interest, while the second, the Inverse Cramer Tracker ETF, which took a short position on stocks recommended by Cramer, also performed poorly and was shut down. Despite Cramer's reputation for making blunders in his recommendations, his bullishness on Nvidia proved successful, with the stock performing well over the past 24 months.
- Content Editor ( finbold.com )
- 2024-12-25
If you put $1,000 into inverse Cramer ETF at the start of 2024, here’s your return now