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Cramer's 'Stop Trading!': MasterCard Rewards

Stock quotes in this article: XOM , OIH , CTWR , MA , V  

"We're going to elect two presidents," Jim Cramer said on Tuesday's "Stop Trading!" on CNBC. "That's what the market's saying."

On the one hand, all of the plays on a Barack Obama presidency are up, except for biotech. But "big oil" is also up, said Cramer, which is a John McCain play. According to Cramer, the first thing Barack Obama will do if he's elected is to say, "$14.3 billion for Exxon(XOM Quote), nothing for the regular guy? That doesn't seem right."

"It's a natural place to take profits, even if you like the group," Cramer said. "Even if I thought McCain was going to win, I'd probably take some profits." He recommended selling Oil Service HOLDRs(OIH Quote) and Exxon.

MasterCard(MA Quote) had a "monster good quarter," Cramer said. He abandoned it before for Visa(V Quote) but says he wants "to come back to it in a major way." He said he sees the stock hitting $180 within 48 hours. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
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DOWN
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DOWN
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DOWN
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