Jim Cramer discusses the recent ARM IPO and its impact on the stock market, stating that IPOs have a powerful emotional impact on investors. He also takes calls from viewers asking about specific stocks and shares his perspective on the energy industry and autonomous vehicles.
1. The speaker's mission is to make people money and level the playing field.
2. The speaker's job is to educate and teach listeners.
3. The bears are upset and pessimistic about the market due to inflation and possible recession.
4. A successful IPO has caused a positive change in the market and boosted investor confidence.
5. Investment banks are now benefiting from underwriting IPOs.
6. There are calls to invest in companies like J.P Morgan, Goldman Sachs, and Adobe.
7. The price of oil is a problem and inflation is high, causing concern among investors.
8. A caller asks for investment advice on a personal holding.
9. The speaker believes in selling some profits but letting the rest run.
10. The speaker had the opportunity to ride in a driverless vehicle and discuss it with the company's top brass.