This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Jim Cramer's Best Blogs

Stocks in this article: WMTTOL

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:

  • why not all areas of the market are abject right now; and
  • why thinking in the market is being dominated by an oversimplistic dichotomy.

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


A Day Does Make a Difference

Posted at 2:43 p.m. EDT on Friday, Feb. 22

I don't blame you for not wanting to trust this market.

Aren't you being given a golden chance to bow out of it, literally 26 hours after Dennis Gartman told you he's gone all cash when he was on CNBC yesterday? Doesn't it make sense to sell everything because of higher gasoline prices, sequestration, no more payroll tax holiday, slowing China, sinking Europe and weakening housing (according to Toll Brothers (TOL))? Or at least according to news reports about Toll Brothers? How about copper and gold going down endlessly? Doesn't that signal the end of the world? Armageddon's beckoning, Mayan-like and the averages scoff at it.

What's going on here? How can this market not be clobbered. Some of it happens to be the anomaly of Hewlett-Packard (HPQ) fighting back, confounding the critics. Others parts of it have to do with the age-old issue of shorts being put on that weren't immediately requited.

Oh, and there's that nagging problem of companies continuing to declare higher dividends and bigger buybacks exactly when people are betting against them, like Wal-Mart Stores (WMT), which we found out from an errant email that February's a disaster. Now no one seems to care except the shorts, who are actively covering.

No, we are not out of the woods. We are simply recognizing that there are parts of the woods that aren't as scary as other parts.

I still want to lean toward the sell side because of the drumbeat of sequestration woes and because gasoline and tax-holiday worries have become so standard that I tire of having to be whacked by them.

Still, the market feels a heck of a lot better than it did 26 hours ago when we got the Gartman bombing.

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

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs