RealMoney Radio Recap: Tastes Like Chicken

Consolidation is the word that explains the pullback in the stock market today, Jim Cramer said on his "RealMoney" radio show Monday.

While all of last week Wall Street experienced "nice gains" in the Dow Jones, S&P and Nasdaq, it is not so today because "what goes up, does indeed come down," Cramer said.

Keeping that notion in mind, he said there are some concerns that adjustable rate mortgages will be too much for homeowners to bear.

Although Cramer said he is bearish on the housing sector, it's not because of the mortgage rates.

"Housing is in a slump for two reasons," he said. First, it's not doing well because of the high inventory of unsold homes, and second, there has been a spike in raw costs -- what it takes to build a home, he said.

Cramer said he is not worried about mortgage rates because "the notion that they're going to default is plain wrong." It doesn't make sense that anyone would take a loan at a higher interest rate, he said.

Also, the bond market interest rates are the lowest they've been in five years, he said.

Ever since people have become health conscious and concerned with fat and cholesterol, chicken has become a staple, Cramer told listeners.