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.

The Daily Dose: Blood, Sweat, Tears

This article originally appeared Aug. 30, 2013, on Real Money. To read more content like this, + see inside Jim Cramer's multi-million dollar portfolio for FREE Click Here NOW.

History of Labor Day

"Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country." - U.S. Department of Labor

Two Signs the U.S. Economy Is Laboring

  • 77% of the 1 million jobs created in 2013 could be classified as part-time.
  • On average, state personal income fell 1.2% in the first quarter...but inflation declined only 0.2%.

Congratulations, you made it to Labor Day weekend with at least 35 stocks that are worth considerably more (hopefully) than on Jan. 1. That is no small achievement considering the powerful cosmic forces embedded in the markets that could have wreaked havoc on your financial well-being, at a drop of a dime.

When returning to the office on Tuesday we will be in September, a dreaded month for investors, according to those that pray at the altar of the Stock Trader's Almanac. Things could get downright ugly indeed, as there is a Fed meeting that has been circled on the calendar since three years ago. That will be accompanied by a bunch of elected folk out of touch with reality blowing hot air on C-Span regarding the debt they and their predecessors created. Add to that the geopolitical risks that abound from a country with cowardly leaders that smile prior to dropping gas on innocent civilians.

In front of this snack tray of potential market badness, I suggest a straightforward approach: Do like me and have no Labor Day celebrations. Yes, that is correct, kind sir or madam. Cancel all plans, hibernate in the home office and embody the spirit of the U.S. labor movement by pouring some good ole' fashioned blood, sweat, and tears into the pursuit of profitable macro and micro investment themes/opportunities.

I am telling you this now: Ignore my advice at your own peril. Come Sept. 3, 2013, you will be overwhelmed by an abundance of news and investment bank maneuvers in order to position clients to win in a likely volatile September. Be prepared, and commence that preparation today.

My Personal List of Labor Day To-Do Items

Initial jobless claims had a pretty nice showing in August (provided you want to see the U.S. economy do better than +2.5% GDP). That really spurred hope for an acceleration in non-farm payrolls following a disgusting July reading.

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
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs