It's-a Me, Mario! Saying Don't-a Panic About-a the Downgrade!

Mama Mia! Another Downgrade?

It's a me Mario! And let me tell you I've a seen bigger monsters than this Moody's downgrade! Jim Cramer he's a saying "Don't a you worry!" It's a like when a Bowser tries to steal a Princess Peach again! We've a seen it before and we'll a beat him again! Cramer says it's like the S&P in 2011 and Fitch in 2023 – markets dip then a they bounce back! Wahoo!

Dow Jones More Like Down Jones...For a Bit!

So the Dow Jones she went a down 300 points and the S&P she dropped 1%. But a guess what? By the end of the day they were a back up! It's a like when I fall down a pit but then I find a secret pipe that takes me to a bonus level! The Dow closed up 0.32% the Nasdaq up 0.02% and the S&P ended up 0.09% at 5,963.60! It's a me number one!

Fear is a the Enemy Not a the Goomba!

Cramer says investors they're a scaredy cats! They see a downgrade and they wanna jump off a cliff! But a that's a no good! "Fear is what must be tamed," he says! It's a like a when I see a Boo I don't run away I a jump on its head! He suggests gold and bitcoin for investors who are scared and want to protect their coin!

Invest More Not a More Aggressively!

Selling? Mama Mia no! Cramer says this downgrade is a like a secret warp zone! It's a a chance to invest more not a go crazy! He says "You are being given an early warning to invest more—not more aggressively–but more of what you can save." It's a like finding a 1 Up mushroom when you're a almost dead!

The Fools and the Short Sellers!

Cramer warns that these "get out now" calls they're a gonna keep coming! But a remember he says "The people who write these are either fools who know nothing or incredibly shrewd short sellers who really need to spread fear because of their business model." It's a like a Bowser trying to trick me with a fake Princess Peach! Not today Bowser!

Sign Up Now Before It's Game Over!

So don't a be a Goomba be a Super Mario! Sign up for the CNBC Investing Club and follow Jim Cramer! And remember "It's a me Mario!" I'm always here to help you jump over the obstacles in life! Wahoo!