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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Mad Money' Recap: Betting Against the Bears (Final)

Off the Charts

In this segment, Cramer went head to head with colleague Caroline Boroden over the chart of SPDR Gold Shares (GLD), an ETF that was up 10% during 2011, but is now some 30 points off its highs.

According to Boroden, the daily chart of the GLD is worrisome, with the ETF hitting a hard ceiling of resistance and a wide spread of Fibonacci levels beneath the current levels. Boroden noted that 157.53 appears to be the level that the GLD would need to cross in order for her to be bullish.

The weekly chart of the GLD confirmed this theory for Boroden, who noted that this chart displays a zig-zag pattern which could indicate a bottom forming in the index. She also mentioned that the GLD appears to be moving in waves, making the Elliott Theory, which says stocks tend to move in five-wave patterns, also a possibility as the GLD is now completing the last of its fifth wave.

Turning to the fundamentals, Cramer said that every investor needs to own gold, both as insurance against uncertainty and also because the supply and demand for gold remains out of balance. He continued his support for owning the SPDR Gold Shares ETF.

Lightning Round

Cramer was bullish on SandRidge Energy (SD), Alnylam Pharmaceuticals (ALNY), JB Hunt Transport Services (JBHT), Kinder Morgan Energy Partners (KMP) and Allot Communications (ALLT).

Cramer was bearish on Kinder Morgan (KMI) and Research In Motion (RIMM).

Beauty of Dividend Stocks

In his "No Huddle Offense" segment, Cramer answered the question, which sector will perform best in 2012? His answer, the dividend sector.

Cramer explained that dividends saved the day in 2011 and that trend will continue in 2012. Dividend stocks, while boring, proved to be the most secure and the most lucrative plays out there, said Cramer.

In today's market, he concluded, it pays to take less risk, not more, which is why stocks like Kinder Morgan Energy Partners (KMP), Verizon (VZ) and ConEd (ED) continue to be among the best investments.

--Written by Scott Rutt in Washington, D.C.

To contact the writer of this article, click here: Scott Rutt.

Follow TheStreet on Twitter and become a fan on Facebook.

To submit a news tip, send an email to: tips@thestreet.com.

3 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,919.59 +80.85 0.48%
S&P 500 1,981.60 +9.86 0.50%
NASDAQ 4,527.5140 +19.2020 0.43%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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