Replay: Jim Cramer's Thoughts on Currency Manipulation, and Take-Two

Author:
Publish date:
Video Duration:
0

Jim Cramer tackles China being labeled as a currency manipulator by the U.S. Treasury Department, Take-Two's earnings and a recap of his rules for trading after hours.

Is China a Currency Manipulator?

The U.S. Treasury Department labeled China a currency manipulator late Monday.

Cramer wrote about it in his evening column on Real Money Monday.

Here's a sneak peek:

How much of the decline was a belief that this currency manipulation label could happen given that the President tweeted that's what China is? Did someone think that Treasury Secretary Steven Mnuchin would arrive at a different conclusion from his boss? Who do they think he is, Hamilton?

Don't Break These After Hours Rules

Stop breaking Cramer's rules for after-hours trading, folks.

In his morning column on Tuesday, here's what he wrote:

They violated every rule I have ever taught and I want to out these fools as reminders that you must never underestimate the ability of traders to do the dumbest of things. And as far as I am concerned, those trades and dozens of others like them, were the work of true morons.

Take-Two Interactive Beats Estimates

Real Money's Stock of the Day Take-Two Interactive (TTWO) - Get Report .

The company reported a fiscal first quarter, topping Street forecasts of 41 cents per share.


Related. Jim Cramer: 5 Rules That After-Hours Traders Broke on Monday Night

Listen to Cramer Live on SoundCloud

Premium Pick:Jim Cramer: Who Would You Rather Be Right Now, China or the U.S.?

Ready to Retire: The Biggest Threat to Your Retirement? Check Your Basement

TheStreet Feature:What Are Tariffs and Why Do They Move the Market?

Dog Days of Summer: How Consumers Will be Impacted by the September Tariffs

Related Videos