{"id":975,"date":"2009-02-02T02:47:33","date_gmt":"2009-02-02T06:47:33","guid":{"rendered":"http:\/\/club.ino.com:80\/trading\/?p=975"},"modified":"2009-02-10T17:58:18","modified_gmt":"2009-02-10T21:58:18","slug":"jim-cramer-throws-in-the-towel","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/","title":{"rendered":"Jim Cramer Throws In The Towel"},"content":{"rendered":"<p><a href=\"http:\/\/club.ino.com\/trading\/wp-content\/uploads\/2009\/01\/dont-throw-towel.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-976\" title=\"dont-throw-towel\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2009\/01\/dont-throw-towel.jpg\" alt=\"\" width=\"200\" height=\"199\" srcset=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2009\/01\/dont-throw-towel.jpg 200w, https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2009\/01\/dont-throw-towel-150x150.jpg 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a>Last week I wrote a blog on Jim Cramer's recessionary stock picks. This blog posting showed the five stocks that he thought would be recession proof and ones that he would suggest you buy. This was on the 8th of January, 2009.<\/p>\n<p>I just happened to tune into Mr. Cramer's show on Thursday night. He basically announced that he was throwing in the towel and that it would be best to get out of these positions.<\/p>\n<p>So let's see how he did with his picks. All of his hypothetical stocks purchases were made on the 8th of January using the closing price.<\/p>\n<p><strong><a href=\"http:\/\/club.ino.com\/members\/scan\/analysis\/?s=NYSE_CAT\">Caterpillar: Purchased at $44.08 - Sold at $31.58<\/a><br \/>\n<a href=\"http:\/\/club.ino.com\/members\/charts\/?s=NYSE_HD\" target=\"_self\">Home Depot: Purchased at $24.38 - Sold at $22.12<\/a><br \/>\n<a href=\"http:\/\/club.ino.com\/members\/charts\/?s=NYSE_JNJ\" target=\"_self\">Johnson &amp; Johnson: Purchased at $59.02 - Sold at $58.18<\/a><br \/>\n<a href=\"http:\/\/club.ino.com\/members\/charts\/?s=NYSE_HPQ\" target=\"_self\">Hewlett - Packard Co.: Purchased at $37.61 - Sold at $36.13<\/a><br \/>\n<a href=\"http:\/\/club.ino.com\/members\/charts\/?s=NYSE_VZ\" target=\"_self\">Verizon Communications: Purchased at $32.42 - Sold at $30.45<\/a><\/strong><\/p>\n<p>Here's what we are going to do... we'll take the closing price last\u00a0 (1\/08\/09), and the opening of January 30th to see just how Mr. Cramer's recessionary\u00a0 stock picks worked out. The good news is that Mr. Cramer was five for five. The bad news is, those five stock positions lost money.<\/p>\n<p>I have often said that I am a fan of Mr.Cramer, as he is a very entertaining man. I've also have commented that he never places a stop loss on any position that I've seen. If you have other information to the contrary, please share it with me and the readers of this blog.<\/p>\n<p>Here are the results:<a href=\"http:\/\/club.ino.com\/trading\/wp-content\/uploads\/2009\/01\/mad.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-964\" style=\"float: right;\" title=\"mad\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2009\/01\/mad.jpg\" alt=\"\" width=\"140\" height=\"95\" \/><\/a><\/p>\n<p><span style=\"color: #ff0000;\"><strong>Caterpillar (NYSE_CAT) lost: $12.50 \/ 28.35%<\/strong><\/span><br \/>\n<span style=\"color: #ff0000;\"><strong> Home Depot (NYSE_HD) lost: $2.26 \/ 9.26%<br \/>\nJohnson &amp; Johnson (NYSE_JNJ) lost: $0.84 \/ 1.42%<br \/>\nHewlett-Packard Co. (NYSE_HPQ) lost: $1.48 \/ 3.93%<br \/>\nVerizon Communications (NYSE_VZ) lost: $1.97 \/ 6.07%<\/strong><\/span><\/p>\n<p>I have to say this is not an impressive lineup of stock picks. By using our \"Trade Triangle\" Technology, you would have avoided all of these stock picks that Mr. Cramer recommended. <strong>So here's my challenge to you: if you watch Mad Money, always check with our technology to see whether you should be purchasing a stock or just standing aside.<\/strong> I think you'll be amazed at the improved results.<\/p>\n<p>Every success in the markets,<\/p>\n<p><a href=\"http:\/\/club.ino.com:80\/trading\/wp-content\/uploads\/2008\/05\/adamnew.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-429\" title=\"Adam Hewison \" src=\"\/\/club.ino.com:80\/trading\/wp-content\/uploads\/2008\/05\/adamnew.jpg\" alt=\"\" width=\"100\" height=\"76\" \/><\/a><a href=\"http:\/\/club.ino.com\/trading\/about-adam-hewison\/\">Adam Hewison<\/a><br \/>\nPresident, INO.com<br \/>\nCo-creator, MarketClub<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Last week I wrote a blog on Jim Cramer's recessionary stock picks. This blog posting showed the five stocks that he thought would be recession proof and ones that he would suggest you buy. This was on the 8th of January, 2009. I just happened to tune into Mr. Cramer's show on Thursday night. He [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1452,1464,1455,970,1448,1447,1458,1451,1454,1463,1457,1460,1450,1453,1462,1456,1459,1449,1461],"class_list":["post-975","post","type-post","status-publish","format-standard","hentry","category-trading-tips","tag-caterpillar-cat","tag-hewlet-packard-co-stock","tag-home-depot-stock","tag-jim-cramer","tag-jim-cramer-mad-money","tag-jim-cramers-recessionary-stock-picks","tag-johnson-johnson-stock","tag-nysecat","tag-nysehd","tag-nysehpq","tag-nysejnj","tag-nysevz","tag-nyse_cat","tag-nyse_hd","tag-nyse_hpq","tag-nyse_jnj","tag-nyse_vz","tag-recession-proof-stocks","tag-verizon-communications-stock"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jim Cramer Throws In The Towel - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jim Cramer Throws In The Towel - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Last week I wrote a blog on Jim Cramer&#039;s recessionary stock picks. This blog posting showed the five stocks that he thought would be recession proof and ones that he would suggest you buy. This was on the 8th of January, 2009. I just happened to tune into Mr. Cramer&#039;s show on Thursday night. He [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-02-02T06:47:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2009-02-10T21:58:18+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Jim Cramer Throws In The Towel\",\"datePublished\":\"2009-02-02T06:47:33+00:00\",\"dateModified\":\"2009-02-10T21:58:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\"},\"wordCount\":361,\"commentCount\":30,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"Caterpillar CAT\",\"Hewlet-Packard Co. stock\",\"Home Depot stock\",\"jim cramer\",\"jim cramer mad money\",\"jim cramer's recessionary stock picks\",\"Johnson &amp; Johnson stock\",\"NYSE:CAT\",\"NYSE:HD\",\"NYSE:HPQ\",\"NYSE:JNJ\",\"NYSE:VZ\",\"NYSE_CAT\",\"NYSE_HD\",\"NYSE_HPQ\",\"NYSE_JNJ\",\"NYSE_VZ\",\"recession proof stocks\",\"Verizon Communications Stock\"],\"articleSection\":[\"MarketClub Techniques, Tips &amp; Talk\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\",\"url\":\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\",\"name\":\"Jim Cramer Throws In The Towel - INO.com Trader&#039;s Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"datePublished\":\"2009-02-02T06:47:33+00:00\",\"dateModified\":\"2009-02-10T21:58:18+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader&#039;s Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader&#039;s Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader&#039;s Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\",\"name\":\"The INO.com Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"caption\":\"The INO.com Team\"},\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Jim Cramer Throws In The Towel - INO.com Trader&#039;s Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/","og_locale":"en_US","og_type":"article","og_title":"Jim Cramer Throws In The Towel - INO.com Trader&#039;s Blog","og_description":"Last week I wrote a blog on Jim Cramer's recessionary stock picks. This blog posting showed the five stocks that he thought would be recession proof and ones that he would suggest you buy. This was on the 8th of January, 2009. I just happened to tune into Mr. Cramer's show on Thursday night. He [&hellip;]","og_url":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/","og_site_name":"INO.com Trader&#039;s Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2009-02-02T06:47:33+00:00","article_modified_time":"2009-02-10T21:58:18+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/#article","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"Jim Cramer Throws In The Towel","datePublished":"2009-02-02T06:47:33+00:00","dateModified":"2009-02-10T21:58:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/"},"wordCount":361,"commentCount":30,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["Caterpillar CAT","Hewlet-Packard Co. stock","Home Depot stock","jim cramer","jim cramer mad money","jim cramer's recessionary stock picks","Johnson &amp; Johnson stock","NYSE:CAT","NYSE:HD","NYSE:HPQ","NYSE:JNJ","NYSE:VZ","NYSE_CAT","NYSE_HD","NYSE_HPQ","NYSE_JNJ","NYSE_VZ","recession proof stocks","Verizon Communications Stock"],"articleSection":["MarketClub Techniques, Tips &amp; Talk"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/","url":"https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/","name":"Jim Cramer Throws In The Towel - INO.com Trader&#039;s Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"datePublished":"2009-02-02T06:47:33+00:00","dateModified":"2009-02-10T21:58:18+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ino.com\/blog\/2009\/02\/jim-cramer-throws-in-the-towel\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader&#039;s Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader&#039;s Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader&#039;s Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280","name":"The INO.com Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","caption":"The INO.com Team"},"url":"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/975"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=975"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/975\/revisions"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}