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: Ease Off the Bubble-Calling

Or how about housing? Housing's a totally regional business. Yet we have decided to take the number released last week -- a 10% increase in housing prices -- and declare that the nation, once again, is in a housing bubble. Some areas have indeed gone up, but a lot others haven't. The overall actual home is worth less now than it had been in 2006. We have had so few homes built that we can't tell what the market really is like. But we know it isn't overheating nationwide.


Now, regarding bond funds, it is true that they have become dangerous places. Interest rates could rally, and that would cause these funds to fall, and fall hard, like we saw many junk bond funds do last week and Monday. But they aren't "bubbles" that will knock our whole nation off its stride if they burst. They are just potentially a place for large losses.

Once you put the "bubble-popping" in perspective -- once you recognize that all that could happen is that something overvalued could down in price, sometimes swiftly -- you can stop scaring people and actually help them. But that's not the goal of the bubble-callers. Their goal is to become known, to be heralded, to get on television, to be interviewed on the Web and to sell books and to get subscribers and contracts to perform. Too bad -- they could actually be of help if they weren't so busy being grandiose and inflammatory for the sake of being recognizable figures at all costs.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, had no positions in the stocks mentioned.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

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
  • 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 serious 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

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
Real Money
Try it NOW

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


Chart of I:DJI
DOW 17,890.83 +170.91 0.96%
S&P 500 2,094.40 +13.99 0.67%
NASDAQ 5,134.48 +25.8140 0.51%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs