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: The Market and the Machines

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

NEW YORK ( TheStreet) -- There was a time when our stock market was held hostage by other markets around the globe, but that time is over, Jim Cramer announced to his "Mad Money" TV show viewers Thursday as he opined on a lackluster trading day on Wall Street.

Cramer explained the U.S. now has the strongest markets on Earth, which means that negative news like that out of Japan today, can simply be shrugged off as noise. The U.S. is far from having the strongest economy thanks to a lack of hiring, but no one can question the strength of the stocks that are linked to terrific companies that are outperforming expectations daily. When a stock like Hewlett-Packard (HPQ - Get Report) can deliver a quarter that no one saw coming, it's hard to ignore the momentum.

But that does not mean that investors need not be careful, Cramer continued, as our markets are still being controlled by an even larger force: the machines. Case in point: American Electric Power (AEP), a stock which momentarily fell by nearly 50% at the open this morning, only to fully recover minutes later. Once again, the machines went awry and investors are left holding the bag.

That's why Cramer once again urged all investors to never place market orders and always use limit orders which can only be executed at a specified price. He said those selling at the open using market orders lost 50% of their investments in the blink of an eye, and it doesn't appear that the regulators are willing to break those trades. Those using limit order,s however, were protected from the momentary carnage.

So while our markets may no longer be hostage to the rest of the world, they are still hostage to the machines, which means investors must continue to be vigilant with their money.

Executive Decision: Jack Koraleski

In the "Executive Decision" segment, Cramer sat down with Jack Koraleski, president and CEO of Union Pacific (UNP - Get Report), a stock that's up 120% since Cramer first got behind the railroad in June 2010, thanks to continued strength in oil and autos.
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
MWE $0.00 0.00%
CRM $77.25 0.00%
ECOM $12.66 0.00%
HPQ $12.12 0.00%
UNP $88.12 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs