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
TheStreet Open House

Cramer's 'Mad Money' Recap: Global Balancing Act (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 was a microcosm of the market," Jim Cramer told his "Mad Money" TV show viewers Monday. He said despite the markets ups and downs, the markets seem pretty steady, unlike that of 2011.

Cramer said on the surface it might seem easy to draw a parallel between now and this same time last year. Both years started out with a bang, he said, but last year's markets hit a big wall named Europe. But that's not the case this year, as the market dynamics are different.

Cramer likened the market to a four-legged stool, with the legs represented by the U.S., Europe, China and the emerging markets. He explained that last year the U.S. markets were doing nothing, while Europe was just realizing it was in big trouble.

Meanwhile China was putting the breaks on its red-hot real estate markets and the emerging markets were slowing their economies as well. Putting all four of those factors together meant that there was no way the slowly improving U.S. markets could escape the pull from Europe.

Fast forward to today and Cramer said the markets paint a different picture. Europe is still in a recession, he said, but there is some progress being made on the debt issues. The European economies could still take a turn for the worse, but largely they've stabilized.

Things are still slowing in China, said Cramer, but at least that country is letting up on the brakes, as are the emerging markets like Brazil. Meanwhile, the U.S. economy is picking up steam, led by aerospace, oil and gas, autos and non-residential construction.

Cramer said today's stool creates a mixed picture, but one that's far better than it was just a year ago. Thus the markets are tipped by news from Europe and can react positively to news out of China, but largely they hold their own. Cramer said this can be seen in today's trading action, as stocks sold off in the morning while the European markets were trading, but rallied in the afternoon as the U.S. news ruled the rest of the day.

1 of 3

Select the service that is right for you!

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 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from

  • 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