Jim Cramer's Best Blogs

Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:

• negative nellies,
• Research In Motion's comeback, and
• how the press got it wrong on retail.

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

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Negative Nellies Are At It Again
Posted at 9:47 a.m. EDT, Aug. 3, 2009

They can crank out negatives as fast as the positives can overrun the previous negatives. Consider just this morning: "Cash for Clunkers" is doing nothing really good for the economy, the REIT rally is facing a challenge, real estate, small stocks' run is set to pause, buyout groups face a $400 billion fight to survive, higher taxes will derail the economy, and, of course, we have no new jobs as companies keep firing people to make the numbers.

Wow. Shoot me.

I am looking at it totally differently: Rates are staying low while the economy goes from less bad to getting better -- thanks Ron, although even Ron's worried about something: the blow-off! Copper is off and running again after a two-week hiatus, signaling that China's still pumping out jobs and money. Money's coming into the market. The Mobile Internet Tsunami won't quit, thanks to Apple's (AAPL Quote) iPhone and other smartphones. The earnings are excellent. Auto sales are jumping to an 11 million build up from 8 million, a gigantic percentage increase. House price stabilization has rolled around the country, and even though I hear the high end being hurt, I say, who cares? Those people have plenty of equity in their homes and many times banks don't even mind taking down that inventory. (Ask Hudson City (HCBK Quote) if you disagree with me).

Plus, we have a host of retail upgrades today, never done idly ahead of a months' numbers, telling me all of that negativity about no back-to-school sales is just so much garbage.

And you know what? I love the negatives, but let's face it -- they are endless and don't ever stop coming even as one by one they get knocked out by the recovery.