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

Jim Cramer's Best Blogs

NEW YORK ( TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
  • how to invest in China right now; and
  • why bearish thinking on retailers isn't paying off.

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

For China Exposure, Play the Field

Posted at 3:36 p.m. EDT on Thursday, Nov. 2

You believe in China? You believe in the FXI then. We've been buying the iShares FTSE China 25 Index ETF (FXI) for the Action Alerts PLUS charitable trust, even though it does have a lot of financials, because we want to play what could be a gigantic turn in China, and we don't want to have to bet on the wrong Chinese horse and get skunked by it.

I can't overestimate the importance of that Chinese PMI number we got last night, especially given that it was very unexpected by most of the cognoscenti. We have a combination of the new leadership coming in with the first upside surprise of data, and it's so potent and palpable that it's not enough to go with the usual derivatives, like Emerson Electric (EMR), Caterpillar (CAT), Vale (VALE) and Eaton (ETN), even as the trust owns those, too.

> > Bull or Bear? Vote in Our Poll

We all know the U.S. is holding in because of the consumer. We all know Europe is going away, because of the governmental paralysis. China had been the wild card. Just two months ago, I remarked on "Squawk on the Street" that I wondered who those economists were who kept predicting better things for China, because each data point was worse than the previous one.

Finally, though, that skein has been broken. The result is this terrific rally, and given how long the downturn has lasted, you can't believe that all you are going to get from the FXI is a move from $32 to $37. I think there is much more ahead, and that is why we keep putting money to work in the ETF, as you can see from this morning's note that was sent out before today's opening.

Given that we just got earnings from a host of companies that had bemoaned China's weakness, these new data don't fit the negativity or the short-selling. The green you see on your screen? That's the covering that could power us higher, and the best way to play China is, alas, China itself.

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


Chart of I:DJI
DOW 17,716.81 -113.95 -0.64%
S&P 500 2,057.50 -18.31 -0.88%
NASDAQ 4,759.5450 -45.7460 -0.95%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs