One of the most influential blogs concerning the option and stock market is focused on the infamous retired hedge fund manager - Jim Cramer. Jim Cramer is loved by many for his crazy antics on TV and his success with speculating on big stock gains. Jim Cramer Blog focuses on relaying Cramer’s ideas on current stock market conditions and describes itself as discussing mad money, the stock and option markets, and the economy. Jim Cramer is an analyst and the host of “Mad Money,” where he tells the viewers about the stocks he would be looking at right now and talks to callers about their current portfolio positions. He is a very popular analyst and has a proven track record. He used to run his own hedge fund after working for Goldman Sachs. He has made large claims to the hefty returns he made, while managing his fund, which brought him prestige and respect within the analyst community. He has since retired from the business to open thestreet.com which analyzes and speculates about stocks and options. Jim Cramer Blog is well laid out with archives of all of his postings along with links to various other sites that can help the average investor or any viewer searching for market news.
Jim Cramer blog is posted by someone else known as “stock administrator.” There are several postings each day and usually they review any large news stories that occurred in the economy or market, along with the stocks to watch for the day. The postings usually refer to or summarize information that is seen on thestreet.com or on Jim Cramer’s show “Mad Money.” In addition, the blog has all the information that an investor can handle showing viewers what stocks have done for the day and if there are any key speculations to play off of.
Furthermore, the content of the blog is relatively brief. Most of the posts mention several stocks in short and provide a little bit of information. There are some posts that focus on a certain topic about the economy and these posts are very insightful. I feel that the stock administrator does not put any of his own speculation on the blog he just summarizes the days account putting forth Cramer’s information for investors to easily find. The site is well organized, so any viewer could easily search the blog and find the information they were seeking. Though if a viewer of “Mad Money” wanted to see a recap of Cramer's show, I would suggest a different blog as it relays the information better. This site is located here. I feel it is easier to find the exact show a viewer may be looking for, and the show is written almost word for word on the Mad Money Recap site. So, an avid fan never has to miss a thing.
Thus, Jim Cramer Blog can benefit my blog in several ways due to the large scope of content about the economy and stock market. The blog will show the current hot stocks and cold stocks through its daily posts of hot stocks and big decliners. These stocks usually have an analyst speculating about them and that is why they are moving. So, my blog can use this information to see the validity of the speculation after a certain amount of time, and to see how much pure speculation can truly affect a stocks price. On a closing note, Jim Cramer – just by speculating and covering a stock on his show – will cause a stock to move at least a percent the following day or even in after hours. So, the power of an analyst is quite large and I will venture further into his and others analyst power at a later time.