This Day On The Street
Continue to site right-arrow
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 Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Jim Cramer's 'Mad Money' Recap: Running With the Bull Market

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

NEW YORK (TheStreet) -- This is what a bull market is supposed to look like, Jim Cramer proclaimed on Mad Money Tuesday after a strong showing on Wall Street. Cramer said a bull market isn't supposed to be a walk in the park, it's supposed to transcend negativity -- which is exactly what this market has finally been able to do.

Cramer said he actually likes when the high-profile bulls start getting "cautious" and begin predicting a big correction. That's the time when all of the weaker holders get shaken out, he said, leaving only the true believers to march the markets market even higher.

Every bull market needs leadership from the transports, Cramer continued, and that was also on display today with UPS (UPS) and FedEx (FDX) on the move. Cramer said investors need to pick up some American Airlines (AAL).

Bull markets also need strong retail, but investors shouldn't take their cues from Wal-Mart (WMT) and Target (TGT), two big disappointments this quarter. Instead, focus on the dollar and the drug stores, which are taking share. Also on the mend: high-end retail including Tiffany (TIF) and Michael Kors (KORS).

Even the high-growth stocks were able to post a rally with Workday (WDAY) ending higher. Cramer said he likes Seattle Genetics (SGEN) and ISIS Pharmaceuticals (ISIS) to name a few.

Finally, don't forget the oil drillers such as EOG Resources (EOG) and Pioneer Natural Resources (PXD), Cramer concluded. This rally is legitimate, and investors need to be taking advantage of it.

Off the Charts

In the "Off The Charts" segment, Cramer went head to head with colleague Mark Sebastian over the chart of CBOE Volatility Index, commonly known by its ticker, the (VIX.X), to see where the markets might be headed next.

Using a chart of the S&P 500 and the VIX, Sebastian noted the VIX is now at its lowest level since 2008, which bodes well for the markets, as a low VIX led to a nice rally for the markets from 2002 through 2007.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
PE $16.74 4.80%
STKL $10.89 2.50%
AAPL $124.12 -0.25%
FB $81.43 -0.95%
GOOG $543.00 -0.91%


DOW 17,692.74 -83.38 -0.47%
S&P 500 2,058.27 -9.62 -0.47%
NASDAQ 4,863.1790 -37.7060 -0.77%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs