PEWAUKEE, Wis. (TheStreet) -- According to Jim Cramer, market bears make up excuses to scare investors out of stocks. The bears have been screaming to sell the market as the Dow's soared past 7,500, 8,500, 9,500 and now 10,000, said Cramer.
Cramer said no matter if it's oil prices or gold prices or fears of higher interest rates or rising jobless claims, the bears always find a reason to tell investors to get out of stocks. Don't blame the bears, he said. It's just the way they operate.
Cramer pointed out that the bears failed with their macro attacks on the market. And when those tactics didn't work, they started to attack individual companies like Johnson & Johnson (JNJ) and JPMorgan Chase (JPM). The bears even went after Intel (INTC), despite the fact that the company reported its largest quarter-over-quarter sales increase in 30 years. Cramer sees Intel going to $25 a share, and that's not even taking into account the "mobile Internet tsunami."
Cramer said more negativity is coming, but he advised viewers to not be tricked by the bears, because the markets are going higher, and they're just making excuses.Recently, Cramer found opportunity in semiconductor stocks, homeland security stocks and stocks it's not too late to buy. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on CNBC and his RealMoney blog posts (these blog posts might require a RealMoney subscription). Cramer's Rolling-Bull-Market Stocks: Cramer is amazed that the rolling bull market continues even as the broader averages look tired. In an Oct. 12 blog post, he wrote: "Or how about AMD (AMD)? This one had been shot out of a pistol, rallying to $6 and change, and then it got pancaked, and it looked like the whole move would be rolled back. Now it's roaring ahead again back toward its high." The Cramer's Rolling Bull Market Stocks portfolio includes Visa (V) and Ford Motor (F).
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