Skip to main content

Deere (DE) - Get Deere & Company Report didn't go down! Sometimes that is enough to ignite a rally or keep it going. That, coupled with Alcoa's (AA) - Get Alcoa Corp. Report positive action yesterday and 3M (MMM) - Get 3M Company Report today, and maybe we have a rotation, a cyclical rotation, in the works. I know we are debating the merits of a large cyclical call buy here -- strictly off of price -- and we have put a small position on in the interim.

I know there should be more to a rotation than this, more meat to this bone, but there isn't. Just some small traction on the way to a couple of days' rally while tech fritters and works through its secondaries. And these stocks have just been slaughtered. 3M was at par (100 last time I traded it! -- it is at 86 but was at 82 yesterday).

Worth it for a trade. But only a trade. The reality is that oil is too high, commodity prices too weak for many industries to make a big buck and the


tightening hurts the cause.

Random musings:

TheStreet Recommends

Getting a lot of positive comments on this

London launch. Personally, I love the design and think it is clean and fast. ... Don't forget to check the

new message boards tonight for the list of 20 stocks that

Melissa "Genome" Kasper

is putting together for our rotisserie league. We own almost no biotech, so we are looking to use the rotisserie as a way to find new names for our sheets.

James J. Cramer is manager of a hedge fund and co-founder of At time of publication, his fund was long cyclical calls. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at