This Day On The Street
Continue to site
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: The Sky Isn't Falling (Final)

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

NEW YORK ( TheStreet) -- "Don't be scared by today's market action," Jim Cramer told the viewers of his "Mad Money" TV show Wednesday after a down day on Wall Street.

He said that it would be far more frightening to miss out on this exceptional rally.

Cramer went on the offensive against the media, and others, who have been keeping investors away from stocks. He said high-yielding dividend stocks remain a great investment, far better than U.S. Treasury bonds.

Cramer reminded viewers that earlier this year he predicted that when the International Monetary Fund stepped in to bail out Europe, a bottom would be formed. Despite the media's continued attempts to create uncertainty around Europe, the bottom was indeed formed this past July as the euro has gained steam ever since.

Cramer said while the media continues to portray Europe's economy as a drag on our own, the truth is that Europe's economy is doing better than our own, and is racking up big profits for U.S. multinationals.

Just look at the Dow Jones Copper Trust (JJC), said Cramer, the metal that's most sensitive to the global economy. He said it's on fire.

Then there's housing. Cramer said no matter what the data says, the press is never impressed. He said housing has been ticking up slowly for months.

Cramer said that investors should set aside their fears and take advantage of bargains in great stocks.
1 of 3

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AMRC $4.42 0.91%
CMTL $24.38 -1.10%
DRYS $3.70 28.47%
MDR $4.46 -3.67%
NAT $15.10 -0.20%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs