Love this president? Hate this president? When it comes to making money, we remove all things political.
Jonathan Litt's letter noted that shareholders would hold the company's board accountable if the strategic alternative process is not fully explored. This suggests a proxy contest could be imminent.
Cramer prefers Schlumberger to Chesapeake Energy.
Another busy earnings season gets under way and could be a harbinger for the rest of the year, Cramer says.