Mad Money Recap

Cramer's 'Mad Money' Recap: The Facts

Stock quotes in this article:CLNE, M, JPM 

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.


Editor's note: Because of CNBC's Winter Olympics coverage, Cramer's "Mad Money" TV show has been shifted to noon EST.

NEW YORK (TheStreet) -- On a day where the bears seem to have the edge, Jim Cramer once again pondered how the facts just don't seem to match the headlines.

He told the viewers of his "Mad Money" TV show Thursday that although the markets are worried about Greece, Germany and Spain, along with the jobless claims and the strong dollar, it hasn't had much much of an effect on retailers.

In the case of retailer Kohl's (KSS), the answer is "not very much." Kohl's reported a sharp spike in first-quarter sales today. Likewise, auto parts maker TRW (TRW)also delivered a stellar upside surprise on strong sales.

Cramer said it appears the American consumer is not as hobbled as the headlines make us believe. He said the bears are even attacking falling oil prices as a negative. But he maintained lower gas prices are good for the consumer.

According to Cramer, the market weakness is nothing more than a profit-taking moment, which is being accelerated by the wrangling in Washington over everything from healthcare to recovery efforts.

Eventually, he said, the facts will prevail.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet