Jim Cramer's 'Stop Trading!': Stocks That Are Up

Cramer says CIT Group is up sharply after announcing it will sell its manufactured-housing portfolio and home-lending unit.
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"The market is showing you something" said Jim Cramer when he appeared on

CNBC's

"Stop Trading."

This morning all the indices opened up in the negative territory and lasted that way for most of the day. But recently the markets turned around and are up. "This is a market where all hope has been given up, people are getting the feeling of 'I'm done,'" Cramer said describing the market sentiment. He also stated that if you told him this morning that the markets would be up at 2:45 p.m., he would not have believed it. But the market is in positive territory and he gave a list of stocks trading strongly today.

Lehman Brothers

(LEH)

was up 7% after being upgraded to overweight by

Morgan Stanley

(MS) - Get Report

.

CIT Group

(CIT) - Get Report

was up sharply by 26% for announcing it will sell its manufactured-housing portfolio and home-lending unit. He also mentioned how

Apple

(AAPL) - Get Report

and

Research In Motion

(RIMM)

were both up about 5%. He said the market is "showing you something" and that "I'm liking

the market here."

At the time of publication, Cramer was long Morgan Stanley.

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