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8.16.23. wsj.com has a very bearish article on EL. Estes Lauder bet on China is not looking so pretty. https://www.wsj.com/articles/estee-lauders-big-bet-on-china-is-looking-not-so-pretty-184ac149?mod=business_feat1_retail_pos4

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8.16.23. Cramer just disclosed that GE HealthCare (GEHC) is owned by his investment club. It doesn't have a Barchart.com buy or sell rating, but it is trading under its 50 day moving average.

StockRover.com shows that GEHC's price is $70.67, RSI is 22.1, PE is 19.6, P/CF is 15.6, P/FCF is 18.9, dividend yield is 0.2%, Cash Flow Yield is 6.4%, FCF Yield is 5.3%, 2% of its stock float has been shorted.

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I heard an interview with the fund manager that was pretty funny. He has interns watching Cramer constantly and buying and selling based on his recommendations. So it’s pretty labor intensive as you can imagine. Probably more of a joke or marketing strategy for the fund manager than a serious investment.

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Yes, these are tiny funds. I don't know why anyone would invest in them. I couldn't find enough details to determine that they exactly mirror or reverse what Cramer does with his Investment Club.

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Are you following the Cramer tracking ETFs? The long Jim LJIM is up a few percent since March when it started and short Jim SJIM is down a bit. SPY has outperformed both so far.

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HI Nate,

I'm not watching LJIM or SJIM. Interesting. I'll check them out. Thanks.

As of 8.14.23, according to SeekingAlpha.com, LJIM had 23 stocks. The top 10 included: short positions on ONON, AMZN, WFC, NVDA, SCHW, META, JPM, LEN, DIS, ORCL.

The fund's fee is a very high 1.2% of assets under management. Total assets under management for SJIM total $1.08M.

LJIM has 24 stocks and $3.22M in assets under management. 1.2% expense ratio. Its top 10 holdings are; AMZN, ORCL, DIS, JPM, DKNG, LEN, MSFT, ONON, DASH.

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