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Cramer's 'Mad Money': Reason for Optimism

Stocks in this article: CSCOSTTWMT

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


While market skepticism is thick, Cramer told viewers of his "Mad Money" TV show Friday that there are 10 things that are actually going right at the moment.

Cramer said today's market resilience in the face of the horrible unemployment numbers means something. Here's what he thinks is working.

First, the Federal Reserve is finally on board and is committed to making things better by any means necessary.

Second, while the U.S. stimulus plan may be faltering, the stimulus plans in other countries plans are breathing hope where there wasn't any before.

Third, Cramer likes the strength in commodities like copper and oil, both of which appear to be bottoming.

Fourth, China is on fire, with its stock markets up 20% for the year. Fifth, Cisco (CSCO) and State Street (STT), ended up higher today despite reporting bad news.

Fifth, Wal-Mart (WMT), showed in its latest sales results that the American consumer is alive, well and still spending.

Seventh, home sales are booming in some of the hardest hit markets, he said.

Cramer: Top Two Financials

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