Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:

  • How oil may not be able to say whoa
  • How you can't afford to miss opportunities

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

Cramer: Can Oil Say Whoa to the Flow?

Posted on March 24 at 1:42 p.m. EST

Twenty-one more rigs. Darn. Halliburton (HAL) - Get Report has too much business to handle. Drat. Permian drilling costs keep plunging. Ugh. Keystone's being built. Good grief.

And we wonder why oil can't stabilize.

Oil can't find its footing because we keep pumping more and more oil, 100,000 more barrels each month. That Baker Hughes rig count is simply on a nonstop trajectory because our oil companies can make a huge amount of money at these prices.

Unless the Saudis single-handedly decided to make a gigantic cutback, then every step forward in oil will be met with a step backward.

When oil hit my first downside target of $47, I thought it could probably hold. But when I see this big rig count move, I think it could still go to $45, my second level, where I think many oil companies that aren't stretched might shut down the spigot.

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Either way, it is so hard for oil to catch a bid because there is too much of it. Supply and demand are in charge because in the end, of course, it is a commodity market.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, has no positions in the stocks mentioned.

Cramer: You Can't Afford to Ignore Opportunities

Posted on March 24 at 6:21 a.m. EST

How many people didn't buy Micron (MU) - Get Report because of repeal and replace? How many people thought better of taking down some Action Alerts PLUS charity portfolio holding Western Digital (WDC) - Get Report , which shares its flash business with Micron--almost as hot as DRAMs--because of Obamacare?

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

How many people are frozen on the sidelines because the GOP decided to take up something that was so difficult to begin with and would have imploded anyway, given all of the withdrawals from the big health insurers?

No, it's not a waste of time to talk about repeal and replace. But the same people who have insisted that every point gain--or, now, loss--from this market can be tied to Trump have been boxed in and are no longer even listening to what individual companies are saying.

I have always found that to be a huge opportunity cost mistake. The moment you decide to wait for a specific event out of Washington to occur is the moment that it is too late to move, as Micron showed you last night.

So, sit on the sidelines. Wait for a better opportunity. Or, recognize that there are opportunities every day that aren't tied to Washington and you can't afford to ignore them if you are going to do better than the market, no matter what the gridlock grim reaper tells you.

RELATED: Jim Cramer on Micron's Blowout Results

Action Alerts PLUS, which Cramer manages as a charitable trust, is long WDC.