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: Pricing in an Impasse?

That's why things seem so sanguine. They really aren't! If we actually do get the House to agree with the Senate -- I see no reason why that should happen until after the deadline -- then maybe we will have such a tidal wave of buying that it will leave no stock behind, until, at least, we start talking taper again.

So, I believe after the furious runs of October 2011 and January 2013 (fiscal cliff) many participants are willing to risk what I think could be a 1,000-point Dow decline if nothing's done this week, if only because come next week, there will be a resolution. If it is before then, many stocks that report good quarters will be off to the races and stocks such as Wells Fargo (WFC - Get Report), which reported a not-so-hot quarter, won't get hit as badly as they should otherwise.

Random Musings: The hiring of Burberry CEO Angela Ahrendts is very important for Apple (AAPL - Get Report) because she is very pro-customer-relations management and is a huge backer of's (CRM - Get Report) methods of staying close to retail customers.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long WFC and AAPL.

Editor's Note: This article was originally published at 7:30 a.m. EDT on Real Money on Oct. 15.

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 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs