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On Thursday's "Mad Money" show, Jim Cramer said that Thursday's down day was just a breather. It's still a bull market, he said, and banks are still a buy, including Goldman Sachs(GS Quote), which he owns for his Action Alerts PLUS charitable trust.
On Friday, Goldman closed up 4.4%, or $5.86, at $139.59.
He also recommended buying the secondary offerings from Morgan Stanley(MS Quote) and Action Alerts PLUS name Wells Fargo(WFC Quote).
Morgan closed up 3.9%, or $1.06, to $28.20 on Friday, while Wells Fargo added 13.8%, or $3.42, to $28.18....
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
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DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
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10 Yr
3.39%
SPDR Gold
110.95
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|
-1.00%
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-1.03%
|
-0.76%
|
-1.62%
|
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