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: Monster Rally Reality Check (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 TheStreet.com.


NEW YORK (TheStreet) -- Get used to stocks trading on growth, Jim Cramer told his "Mad Money" TV show viewers Tuesday. Growth generates earnings and earnings makes stocks trade higher, said Cramer, it's just that simple.

Cramer discounted the plethora of bogus analysis done by market pundits to explain a rising market. He called the notions of "risk on, risk off" and "pin the tail on the Fed" utter nonsense that results from lazy analysts failing to do their homework.

Yes, Europe has been and will likely continue to be a factor for U.S. markets, said Cramer, but with strong fundamentals and a tailwind from the Chinese economy, the U.S. is strong enough to take on just about anything Europe can dish out. Add to that India, which surprised the world by cutting interest rates earlier today, and it's no wonder U.S. stocks were off to the races once again today.

Cramer said whether its retail, technology or aerospace, things are simply better in America and the markets are just reflecting that fact.

Executive Decision

In the "Executive Decision" segment, Cramer once again sat down with Charif Souki, chairman and CEO of Cheniere Energy (LNG), who just today received government approval to begin construction of a natural gas export terminal in Louisiana. Shares on Cheniere are up 115% since Cramer first spoke with Souki in June 2010.

Souki said the next step for Cheinere, now that final approval has been given, will be to secure the $4 billion needed to build the facility and begin working on phase one of the project. That financing should be completed soon, said Souki, and Cheniere will be putting some 3,000 to 4,000 people to work shortly thereafter.

When asked about the market dynamics around the globe for natural gas, Souki explained that in many parts of the world, oil is being used for power generation. "That makes no sense," Souki explained, which is why the market potential for natural gas is so enormous. He said the original deal for Cheniere's facility was calculated with $4 natural gas, but today prices fell to $1.95, making the project even more of a windfall.

1 of 3

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 17,086.63 -26.91 -0.16%
S&P 500 1,987.01 +3.48 0.18%
NASDAQ 4,473.6970 +17.6810 0.40%

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