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: Futures Pulling Down Stocks (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) -- "Today's toxic market action has nothing to do with individual stocks," Jim Cramer told his "Mad Money" TV show viewers Monday. He said that's only sin today was being part of a market that trades in unison.

Cramer recounted how early this morning things were looking up, with rumors of a fast-track European bailout deal. The futures were raised even more by good earnings from Halliburton (HAL), Wells Fargo (WFC) and even Citigroup (C).

Cramer said that Apple (AAPL), a stock which he owns for his charitable trust, Action Alerts PLUS , was touting record iPhone sales and all looked strong for the markets.

But then, he said, in an instant, new negative comments from Europe emerged and all was lost. The futures tanked in just minutes, and everything that was set to open higher reversed course. The futures, said Cramer, brought everything down.

Cramer said it's not that Halliburton's quarter wasn't terrific, or that Citigroup's numbers weren't good, or that Apple's number weren't amazing. He said it's not that earnings can't be trusted, it's that the futures are simply too powerful, and they're set in Europe.
1 of 4

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
BIDU $145.30 -4.80%
CPB $55.84 0.90%
CTL $26.61 0.26%
GEO $29.02 -3.60%
FTR $4.72 0.43%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs