Cramer told a viewer that uncertainty in Washington concerning the debt ceiling and the Federal Reserve are creating jitters on Wall Street, but he has full faith in Ben Bernanke to do the right thing.
Cramer told another viewer that shares of Kraft (KFT) have been tracking commodity prices, but the stock likely only has one or two more points of upside left in it.
When a viewer asked how to play natural gas in Europe, Cramer turned to Hess (HES), an Action Alerts PLUS name. When another asked about playing growth in Brazil, Cramer turned to Banco Bradesco (BBD), which is 20% off its highs.
Lightning RoundCramer was bullish on ConocoPhillips (COP), Airgas (ARG), Potash (POT), Peabody Energy (BTU) and Deere & Company (DE). He was bearish on Dollar Thrifty Automotive (DTG), Mosaic (MOS), Mellanox Technologies (MLNX), Riverbed Technologies (RVBD) and ON Semiconductor (ONNN).
No Huddle OffenseCramer said the press got it wrong when reported about the IMF sex scandal over the weekend. He said the markets opened lower on the news, but that's just wrong. "Have you noticed there's been no resolution whatsoever to any of the European debt issues?" asked Cramer. He said the current head of the IMF is doing a botched job, and he is happy to say good riddance. Cramer said the heir-apparent of the IMF, John Lipsky, has a long track record of "tough love" and tough decisions that get the job done and economies back on track. Cramer offered a hearty welcome to Mr. Lipsky, and wished him well in his new endeavor. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. To follow the writer on Twitter, go to http://twitter.com/scottrutt. To submit a news tip, send an email to: firstname.lastname@example.org. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. For more of Cramer's insights during the Lightning Round, click here.
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