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Here's the rub, writ large: Every single stock I key on, including several that have been absolute bow-wows, is now igniting. These are what I call lovey-blanket stocks, meaning that when you are bullish, they make you want to do some buying.
Tech: Google's (GOOG - commentary - Trade Now) getting a lot of good play on its cellphone operating system, which is about to be rolled out on Verizon (VZ - commentary - Trade Now), even though I am not a huge fan. The Apple (AAPL - commentary - Trade Now) short over lackluster Chinese demand is being muted today by stories about massive gray-market sales -- non-carrier -- which will buoy the numbers. Oil? Failed to go below the key $79 level and that's enough to ignite buying in the group. Maybe that great quarter from Marathon (MRO - commentary - Trade Now) is helping? Or maybe it is all the deal chatter I am hearing. Schlumberger (SLB - commentary - Trade Now), I guess, can go higher. Whatever, the buyers are emerging from the woodwork and my favorite stocks are roaring. I'm losing my pretend-bearish bent by the moment. At the time of publication, Cramer was long GS, JPM, MRO and WFC.
Special note from Jim: You can learn my time-tested ways to trade smart, even in this market. All my latest thinking is in my brand new book, Getting Back to Even, which I'll send to you as part of a special promotion when you sign up for my ActionAlertsPlus.com service for a limited time. So if you sign up now, you'll get to see how I'm playing these stocks in my portfolio today, plus, I'll teach you how you can play these stocks to help your portfolio get back to even.
At the time of publication, Cramer was long GS, JPM, MRO and WFC. Jim Cramer is co-founder and chairman of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here. TheStreet.com has a revenue-sharing relationship with Amazon.com under which it receives a portion of the revenue from Amazon.com purchases by customers directed there from TheStreet.com.  Brokerage Partners
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