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's 'Mad Money' Recap: Here's Where the Bear Tide Is Turning

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

NEW YORK (TheStreet) -- When everyone is bearish, it's time to change your thinking, Jim Cramer told his Mad Money viewers Monday after a strong showing on Wall Street. Cramer said when the facts change, investors need to change their minds. This week the tide is turning in a few key areas.

First is the Federal Reserve, which most certainly won't be raising interest rates after Friday's terrible employment number. Then there's oil, which has rallied 3.9% over the past week, as falling production here at home may finally be stabilizing prices.

Next, there's the strength in Wynn Resorts (WYNN - Get Report) and Las Vegas Sands (LVS - Get Report) , thanks to a loosening of restrictions in China's Macau region.

Must Read: DuPont CEO Takes Leave After Peltz Proxy Fight Fails

Cramer also noted individual stocks like DuPont (DD - Get Report) , which rallied on talk of a breakup, and some of the automakers, which are heading higher from either a stronger China or the collapse of Volkswagen (VLKAY) .

The markets don't go from bear to bull overnight, Cramer concluded, but it does appear that the facts are changing.

Super Cycle

The next time you hear an industry "expert" calling for a commodity "super cycle," run, don't walk, for the exits.

Cramer said just about every time you hear the term "super cycle" used, the commodity in question will inevitably be closer to a top than a bottom. It happened with ethanol, it happened with coal and now it's happening with fracking sand, that special sand used by oil drillers to keep wells flowing.

After topping out in October 2014, the stocks of fracking sand providers like U.S. Silica (SLCA - Get Report) have been in free fall as the entire industry ramped up big to meet the fracking boom, then was too slow in ramping back down as the price of oil collapsed.

That combination always leads to a massive oversupply and falling stocks, Cramer noted, which is why shares of U.S. Silica are down 77% over the past year.

Investors looking for an oil stock that is investable should consider Schlumberger (SLB) , Cramer said. That stock has likely found its bottom.

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
VLKAY $24.44 4.62%
DD $55.05 7.40%
LVS $44.81 2.10%
SLCA $16.07 6.40%
WYNN $67.72 4.40%


Chart of I:DJI
DOW 16,799.08 +22.65 0.14%
S&P 500 1,980.88 -6.17 -0.31%
NASDAQ 4,748.8790 -32.3850 -0.68%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs