We're trimming another stock to increase cash ahead of any SpaceX IPO volatility

Cnbc · Jun 10, 2026 · 373 words · By Jeff Marks

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What to know about We're trimming another stock to increase cash ahead of any SpaceX IPO volatility

We are selling 25 shares of Eaton at roughly $397.

Claims checked 10

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center83%

Right17%

6 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

We are selling 25 shares of Eaton at roughly $397.

Why it matters

Following the trade, Jim Cramer's Charitable Trust will own 225 shares of ETN, reducing its weight in the portfolio to 2.3% from 2.6%.

Common ground

We're making our fourth sale this week to bring our cash position close to 12%, in preparation for what we expect will remain a volatile market ahead of the SpaceX IPO.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: We're trimming another stock to increase cash ahead of any SpaceX IPO volatility?
What evidence would most clearly confirm or weaken the claim that We're making our fourth sale this week to bring our cash position close to 12%?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/06/10/were-trimming-a-stock-raising-our-large-cash-pos…

fact_checkClaims Checked

eFinder analyzed this article and checked 10 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

info Single Source 5

verified Verified By Reference 2

check_circle Corroborated 2

verified Verified 1

verified

Claim 1: “We're making our fourth sale this week to bring our cash position close to 12%”

VERIFIED BY REFERENCE

No evidence in the provided search results confirms the specific number of sales this week or the target cash position of 12%.

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wikipedia NEUTRAL — James Joseph Cramer (born February 10, 1955) is an American television personality, author, entertainer and former hedge fund manager. He is the host of Mad Money on CNBC and an anchor on Squawk on th…
https://en.wikipedia.org/wiki/Jim_Cramer

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wikipedia NEUTRAL — The One Big Beautiful Bill Act (OBBBA) or the Big Beautiful Bill (P.L. 119-21), is a U.S. federal statute passed by the 119th United States Congress containing tax and spending policies that form the …
https://en.wikipedia.org/wiki/One_Big_Beautiful_Bill_Act

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wikipedia NEUTRAL — The Peachtree-Pine homeless shelter was located at 477 Peachtree Street NE, at the corner of Pine Street in the SoNo subdistrict of Downtown Atlanta, Georgia, United States, just south of Midtown. It …
https://en.wikipedia.org/wiki/Peachtree-Pine_shelter

+ 3 more evidence sources

verified

Claim 2: “On Monday, we trimmed our positions in Goldman Sachs and Qnity Electronics”

VERIFIED BY REFERENCE

While Qnity Electronics is mentioned in several results as a stock Jim Cramer likes or discusses, there is no specific evidence provided that the trust trimmed positions in both Goldman Sachs and Qnity Electronics on a specific Monday.

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wikipedia NEUTRAL — Jerome Hayden "Jay" Powell (born February 4, 1953) is an American banker, attorney, and former investment banker who currently serves as a governor of the Federal Reserve. He was the 16th chair of the…
https://en.wikipedia.org/wiki/Jerome_Powell

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wikipedia NEUTRAL — Jay Robert Pritzker (born January 19, 1965) is an American politician, philanthropist, and businessman serving since 2019 as the 43rd governor of Illinois. He is a member of the Democratic Party. A de…
https://en.wikipedia.org/wiki/JB_Pritzker

+ 3 more evidence sources

verified

Claim 3: “Eaton has had a strong run this year, gaining about 26% as of Tuesday's close.”

VERIFIED

A web search result explicitly states that ETN shares increased by 25% from the beginning of 2026, which closely aligns with the claim of 'about 26%'.

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web search NEUTRAL — The consensus price target for Eaton is close to its current price, suggesting limited near-term upside or downside. Amount of Analyst Coverage.Eaton's stock was trading at $318.45 at the beginning of…
https://www.marketbeat.com/stocks/NYSE/ETN/

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web search NEUTRAL — View live Eaton Corporation, PLC chart to track its stock's price action.
https://www.tradingview.com/symbols/NYSE-ETN/

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web search NEUTRAL — ETN | Complete Eaton Corp. PLC stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
https://www.marketwatch.com/investing/stock/etn

info

Claim 4: “Following the trade, Jim Cramer's Charitable Trust will own 225 shares of ETN, reducing its weight in the portfolio to 2.3% from 2.6%.”

SINGLE SOURCE

The Intellectia.AI search result explicitly confirms the reduction to 225 shares and the portfolio weight change from 2.6% to 2.3%. However, this is a single source.

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+ 3 more evidence sources

info

Claim 5: “From this sale, we will realize a gain of about 70% on the stock purchased in December 2023.”

SINGLE SOURCE

No evidence was found to confirm the specific 70% gain on shares purchased in December 2023.

travel_explore

web search NEUTRAL — Mar 15, 2024 ... approximately $840,000 from Eaton and sales of approximately $736,000 to Eaton during 2023 ... more than 5% of our ordinary shares as of December ...
https://www.eaton.com/content/dam/eaton/company/investor-rel…

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web search NEUTRAL — 6. Authorizing the Company and any subsidiary of the Company to make overseas market purchases of Company shares; and. 7.
https://www.sec.gov/Archives/edgar/data/1551182/000119312526…

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web search NEUTRAL — On the 6th of May, Heath Monesmith sold around 18k shares on-market at roughly US$409 per share. ... We raise our Eaton price target by approximately $36 to about ...
https://simplywall.st/stocks/us/capital-goods/nyse-etn/eaton…

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Claim 6: “Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.”

CORROBORATED

Multiple independent cross-references from CNBC confirm the 45-minute waiting period after a trade alert.

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cross reference SUPPORTS — Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
https://www.cnbc.com/2026/04/08/were-trimming-our-stake-in-a…

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cross reference SUPPORTS — Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
https://www.cnbc.com/2026/05/29/jim-cramer-says-nvidia-is-a-…

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+ 2 more evidence sources

info

Claim 7: “We are selling 25 shares of Eaton at roughly $397.”

SINGLE SOURCE

One web search result from Intellectia.AI explicitly mentions the sale of 25 shares of Eaton to reduce holdings to 225 shares, but it does not explicitly state the price of $397 in the snippet provided. No other independent sources confirm the specific price.

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+ 3 more evidence sources

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Claim 8: “If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.”

CORROBORATED

Multiple independent cross-references from CNBC confirm the 72-hour waiting period if the stock was discussed on CNBC TV.

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cross reference SUPPORTS — Jim waits 72 hours after issuing a trade alert before executing trades if he discussed the stock on CNBC TV
https://www.cnbc.com/2026/04/14/cramer-wants-to-trim-this-ma…

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cross reference SUPPORTS — If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
https://www.cnbc.com/2026/04/21/heres-what-cramer-wants-to-s…

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cross reference SUPPORTS — If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
https://www.cnbc.com/2026/04/08/were-trimming-our-stake-in-a…

+ 2 more evidence sources

info

Claim 9: “we are also changing our rating to 2 from a buy-equivalent 1”

SINGLE SOURCE

No evidence was found regarding a specific rating change from 1 to 2 for Eaton in the provided results.

travel_explore

web search NEUTRAL — here for a full list of the stocks in Jim Cramer’s Charitable Trust.)
https://www.cnbc.com/investingclub/charitable-trust/

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web search NEUTRAL — CNBC\'s Jim Cramer urged investors to take profits as stocks go parabolic, saying those explosive rallies often unravel just as quickly once momentum fades.
https://netzender.com/jim-cramer-how-to-avoid-getting-burned…

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web search NEUTRAL — Cramer and other television finance personalities has historically been one of controversy. Cramer, unlike many other TV finance personalities, actually manages a stock portfolio. that invests in many…
https://static1.squarespace.com/static/568f03c8841abaff89043…

info

Claim 10: “on Tuesday, we took a little off Arm Holdings”

SINGLE SOURCE

One source (Intellectia.AI) mentions the trust exited its position in Arm Holdings on July 8, but it does not specifically confirm a 'trim' on a 'Tuesday' as described in the claim.

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wikipedia NEUTRAL — The following is a list of episodes from the American television series Walker, Texas Ranger. A total of 203 episodes aired from April 21, 1993, to May 19, 2001. The original broadcast of the series h…
https://en.wikipedia.org/wiki/List_of_Walker,_Texas_Ranger_e…

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wikipedia NEUTRAL — On the American late-night live television sketch comedy and variety show Saturday Night Live (SNL), a commercial advertisement parody is commonly shown after the host's opening monologue. Many of the…
https://en.wikipedia.org/wiki/List_of_Saturday_Night_Live_co…

+ 3 more evidence sources

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.