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
(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
(HES), an Action Alerts PLUS name. When another asked about playing growth in Brazil, Cramer turned to
(BBD), which is 20% off its highs.
Cramer was bullish on
(COP - Get Report)
(ARG - Get Report)
(POT - Get Report)
(BTU - Get Report)
Deere & Company
(DE - Get Report)
He was bearish on
Dollar Thrifty Automotive
No Huddle Offense
Cramer 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.
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