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NEW YORK (
TheStreet) -- "It was like the old days today," Jim Cramer told his
"Mad Money" TV show viewers Tuesday.
He said what companies said today actually mattered, and for the first time in a long time "investing was fun."
Cramer said that all it took was a quiet day in Europe, with no news out of Washington, and the positive comments from individual companies started to shine through the malaise. In particular, the bullish sentiment came from a trucking industry conference stating that business improved from July to August and into Sept. Transportation, it seems, is seeing both volume and pricing strong, and as a leading indicator, this is very good news, he said.
But Cramer noted that this news is not only good for
UPS(UPS), a stock which he owns for his charitable trust,
Action Alerts PLUS
, but also for engine maker
Cummins(CMI), another Action Alerts PLUS name. Cramer said the trucking companies are putting their money where their mouths are, buying new trucks to support demand.
Cramer said the bull market in trucks can be extended to
John Deere(DE), also an Action Alerts PLUS holding, and even
Cramer said good news in trucking means good news for companies that ship things as well, companies like
Bed Bath and Beyond(BBBY) and
There's also a seasonal bull market emerging in tech, said Cramer, despite a negative outlook from
Cisco(CSCO). Cramer said chip makers and equipment makers across the board were also seeing signs of strength today.