Updated from 5:50 a.m. EDT
Jim Cramer doesn't think the world is coming to an end, and he isn't letting market selloffs or criticism stop him from seeing the bigger picture. With the
rate cut now in the books, Cramer is kicking it up a notch to find investing opportunities in a tough market.
Here are some Cramer highlights from the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
: On Monday, Cramer spoke his mind on the Chinese stock market bubble debate. In an Oct. 29 blog post, he wrote, "I don't care if China's a bubble. I care about making money. And that's one of the reasons why I am so disliked by so many 'professionals' on Wall Street." Check out
: Cramer doesn't believe the selloff that came a day after the Fed rate cut is the end of the world. In a Nov. 1 blog post, he wrote, "Wrong takeaways can be deadly. The world is
coming to an end. Certain parts of it are being blown to smithereens, but don't let the explosions get so many cinders in your eyes that you miss the bigger picture."
Inverness Medical Innovations
: Cramer believes the refiners are now in play. On
Tuesday's "Mad Money" show
Cramer said that investor Kirk Kerkorian's recent interest in
could help lift the stocks of other refiners.
: Now that the Fed has cut rates, Cramer sees opportunity in some names. On
last Friday's "Mad Money" show
, Cramer said he believes the rate cut will offer more buying opportunities in this difficult market.
: Cramer sees doom and gloom for the mortgage insurer stocks. In an Oct. 30 blog post, he wrote, "It would be one thing if things had gotten better, that homes were trading, that people were able to sell homes that are costing too much. We know that's not possible. So, people are walking away from their homes, keeping their credit cards and holding on to their car keys."
include names like
: Cramer was full speed ahead last night with his latest
. He was bullish on several stocks such as
but also bearish on the likes of
: Cramer sees opportunity in some technology stocks that service the oil sector. In an Oct. 30 blog post he wrote, "These are oil technology stocks, companies that help you get the most out of old fields. These are the most logical plays as long as oil stays high. They have the technology that makes it possible to get oil that might cost $50 or $60, oil that you wouldn't bother with normally but you should now."
: Cramer isn't throwing in the towel on the dry bulk shipping stocks just yet. In an Oct. 30 blog post he wrote, "We saw panic today in these stocks. There usually is an initial momentum to the second day that takes them down more. That's when, historically, it has been right to buy."
(Editor's note: At the time of original publication of his posts and shows, Cramer owned Hologic, Inverness and Transocean for his Action Alerts PLUS charitable trust.)
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for
The Financial Times
and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
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