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: Transports Finally Join In (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

(Story updated to add Cramer's Lightning Round picks, Am I Diversified segment and closing comments.)

NEW YORK ( TheStreet) -- Sometimes the bulls are just plain smarter than the average bear.

Those were Jim Cramer's sentiments to his "Mad Money" TV show viewers after the Dow was up for the seventh up day in a row. He said simply "the bears just don't have it anymore."

Cramer explained that perhaps the strongest bear case against the markets were the transports, a group that almost always confirms a rally if they too head higher. But in this most recent rally, the transports have been lagging, sending up warning signs for the bears. That was of course, until today.

After losing ground, the transports burst higher today, said Cramer, on the strength of the rail stocks, in particular. He said this group admitted that coal shipments were lower, but also noted that volume in all of their other segments is more than making up for the loss.

Another positive for the markets, the early release of the latest round of bank stress tests. Cramer said the bears were betting against Bank of America (BAC) and in favor of Citigroup (C), only to get the exact opposite results today.

Cramer said he's seeing strength in the markets all around, including in the home improvement stocks like Home Depot (HD), Lowes (LOW) and Tractor Supply (TSCO), with business off the charts so far this month.

Also strong, restaurants like Chipotle Mexican Grill (CMG) and Panera Bread (PNRA).

Cramer was also bullish on heavy equipment makers Cummins (CMI) and Caterpillar (CAT).

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
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
ALSN $28.81 -0.35%
DWRE $46.08 -3.74%
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs