This Day On The Street
Continue to site right-arrow
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 Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Cramer's 'Mad Money' Recap: Dangerously Complacent (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) -- "We're starting to think that nothing can go wrong," Jim Cramer warned his "Mad Money" TV show viewers on Monday.

He said that's a recipe for complacency, which is always dangerous. Cramer said he likes markets that rally off of worry and fear, adding those are the ones with real power. "I do not like markets that rally off of euphoria and good feelings," he continued.

Cramer explained that just two weeks ago the markets were preparing for the end of the world, the collapse of the European banking system and the collapse of a few European countries as well. But in just two short weeks, all of the news has reversed and the markets have regained lost ground.

The markets are now assuming that there will be no bank collapses, said Cramer, along with no more sovereign debt issues. He said there's an assumption that banks are using low rates to recapitalize and all of our economies will just start humming along without worry. And it's for all of those reasons that Cramer said he cannot lower is threat assessment of DEFCON 3 for the markets.

Cramer said he can't' recommend investors buy into a market where everything is set up to go right, because it never does. "Wait for a break before buying," he told viewers, "and if you haven't sold already, it's time to trim." He said even the red-het retails and cyclicals and oil stocks should be trimmed into the rally.

"Stay cautious," Cramer told viewers, "a better time to enter now awaits us."

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
GLD $115.47 -0.18%
KFN $0.00 0.00%
VCLK $0.00 0.00%
BIDU $206.34 0.63%
FLR $58.40 -0.14%


DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs