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Is the press trying to keep you from making money? "It sure feels that way," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday.

He said every day the press adds another brick to the "wall of worry" and to the overall negative sentiment of the markets. But this sentiment is at odds with where the markets are actually headed, he said.

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Today's announcement of a 12.8% decline in housing starts is good news, Cramer argued. That's because lower housing starts, he said, leads to a decrease in housing supply. And until the supply of home is finally exhausted, we will never see a housing bottom. "This is exactly what we need," said Cramer.

Likewise with the lead story in today's Wall Street Journal stating that "local banks suffer big losses." In reality, said Cramer, the number was pretty small and is totally manageable. He then recommended five banks, including FirstMerit ( FMER, First Niagara Financial ( FNFG, Glacier Bancorp ( GBCI - Get Report), New Alliance ( NAL and People's United Financial ( PBCT - Get Report), along with BB&T ( BBT - Get Report), all of which can benefit from today's "bad" news.

Other bad news of the day included a negative spin on the banks repaying TARP money. "Shouldn't we be thrilled we're seeing any of this money at all," he asked.How about "farms start to feel credit pinch," another headline that ran today. "This has been going on for a year now," said Cramer.

Then finally, there's the weak dollar, a favorite media target. But Cramer said the weak dollar has been great for exporters like the soft goods companies, the consumer stocks and the heavy equipment makers.

Grading the Techs

Cramer revisited three recent speculative stocks in the tech sector -- AMD ( AMD - Get Report), Sprint ( S - Get Report) and Motorola ( MOT -- to see which of these under $10 stocks is still worth holding onto.

Cramer said to evaluate these three names, he used a 10 point scale, looking at three criteria: 1. industry position, 2. strength of the company's business and 3. comparative stock performance.

When looking at industry position, Cramer said Motorola was in the worst shape, struggling to compete with the likes of Apple ( AAPL and Research In Motion ( RIMM. He awarded Motorola one point.

Sprint, he said, was in better shape, doing well in the prepaid phone market and generating buzz with the new "Pre" set to debut from Palm ( PALM. Two points for Sprint.

For AMD, Cramer awarded four points, as the company is taking share from both Intel ( INTC and Nvidia ( NVDA.

In the business quality category, Cramer gave AMD three points for the solid demand for its chips. He also gave Sprint three points for its cost cutting measures and possible takeover prospects. Motorola was only given one point, as the company continues to struggle and lose money.

Finally in the stock performance category, Cramer said Motorola received two points for its 41% year-to-date rise in its stock price. AMD also received two points for its 103% rise. Meanwhile Sprint, with its 200% move this year, only gets one point for its limited upside.

Cramer said in his final analysis, Motorola, with only four points, is a sell. Sprint, he said, is a buy, but only on weakness, as its six points include a big run in the stock price. But the real winner, said Cramer, is AMD, with nine points and lots of room to run.

Off the Charts

In this segment, Cramer again squared off against colleague Dan Fitzpatrick, this time over the chart of engine-maker Cummins ( CMI, to see whether the technicals, or the fundamentals, are driving the stock's performance.

According to Fitzpatrick, Cummins is in a sweet spot, having recent broke above its 50-day moving average. Recent patterns indicate investors are buying in on any weakness and selling into any strength, causing the once resistance line to now become a support line for the stock.

Fitzpatrick now says Cummins looks poised to do the same with the 200-day moving average, and break out and power higher.

Cramer disagreed, saying he thinks Cummins is only a winner if the dollar stays weak. Without a global recovery, he said, Cummins is a risky move. He said that analysts are assuming the worst, and a global recovery is indeed not baked into the numbers, but if the dollar were to move higher, it would stop Cummins cold.

On the flipside, Cramer said if a recovery does occur, he'd rather be in a stock like Caterpillar ( CAT, a stock which Cramer owns for his charitable trust, Action Alerts PLUS. Caterpillar has more overseas growth potential, said Cramer, and a dividend that's twice that of Cummins.

Rating Cramer's Picks

Cramer offered some praise to the professors at Northwestern University, whose upcoming study in the "Financial Services Review" journal states that Cramer's stock picks are indeed better than the markets overall.

In the study, which looked at Cramer's stock picks from July, 2005 through December, 2007, Cramer's return was 12.09% on an annualized basis, compared to a 7.35% return in the S&P500 and a 9.5% return in the Russell 2000.

Cramer said he's not a fan of any study that tries to measure his performance, since it's impossible to measure qualitative comments like "waiting for a pullback," or "buy after a company reports earnings." Yet he called this study "better than most" in their attempts to characterize his results.

Cramer reminded viewers that "Mad Money" is designed to make viewers better self-guided investors, and not to make a quick buck in the markets. "I'm not just recommending stock," he said, "I'm trying to teach you."

Lightning Round

Cramer was bullish on Federal Realty Investment Trust ( FRT, Abbott Laboratories ( ABT and Cisco Systems ( CSCO.

He was bearish on Smith Wesson ( SWHC, Macerich ( MAC and Gamestop ( GME.

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Read more of Cramer's Mad Money Lightning Round insights.

For "Mad Money" performance statistics and other links, check out Mad Money stats

At the time of publication, Cramer was long Caterpillar, Abbott Labs.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.