This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Finding Market's Eternal Sunshine

Click here for an archive of Cramer's "Mad Money" recaps.


People need to know where to look for a bull market, Jim Cramer told viewers of his "Mad Money" TV show Monday. Right now, the place to be is in food, drug or telecom stocks, he said.

Even though the current subprime loan problem looks pretty bad, every time there has been a crisis in the market, the Fed has cut rates, Cramer said.

A crisis, he said, gets the Fed's attention and causes it to "slice and dice" rates, which in turn takes stocks higher.

If people get "spooked out," they will miss the "Fed rate-cut nirvana," he warned, urging investors to take a longer-term view.

All markets around the world are not linked, even though they may act like it, he said. Japan is down "big" because the yen has gotten too strong against other currencies. But contrary to popular belief, "this is not bad for American companies," Cramer said. "Their pain is our gain."

Coca-Cola (KO - Get Report), whose worst market is Japan, should now "make more money when it repatriates its yen," he said.

In addition, the lack of working-class loans gives the Fed another reason to cut rates, Cramer said. And when the price of commodities comes down, it will be "great," he said, "unless you own those commodities."

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG
CAT $86.99 -0.01%
CSCO $28.97 0.28%
KO $40.66 -0.22%
PRAA $53.54 0.62%
AAPL $125.01 -0.63%

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs