Updated from 7:01 a.m. EDT
Jim Cramer shocked the world on Monday when he went on
"Today Show" and told viewers that any money they anticipate needing in the next five years should be removed from the stock market immediately.
Cramer caught a lot of negative comments for making that call. Some said what he did was like yelling "Fire!" in a crowded theater. But Cramer says there could be a fire, and it's his job to warn investors and help protect them from future losses.
The market is experience things it has never seen before. Cramer is smart enough and experienced enough to know that it's time to be defensive and protect assets. You don't want to miss what Cramer says going forward. He will surely have insight you will not find anywhere else.
Recently, Cramer found opportunity in stocks that pay dividends, including
; stocks that benefit from the commercial paper plan, such as
; and former giants becoming mid-caps, including
. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
blog posts (these blog post links require a
To read more,
At the time of publication, Altucher and/or his fund was long Foster Wheeler, although positions may change at any time.
James Altucher is president of
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
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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