NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- How investors can make or lose everything in a single session, and
- The world's effect on the Fed.
Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.
Market Stuck in Weird Mode
Posted at 3:33 p.m. EST on Friday., Sept. 26, 2014
Was Wednesday real? Thursday? Today? Are any of these days real?
Can we add Wednesday and Friday together and subtract Thursday or asterisk it as a day when high-yield hedge funds were trying to lay off risk for fear of the unknown?
None of this is easy. But I will say again that this market puts a huge premium on oil being up. And when it is up, it is very hard to knock the market down. I also think that the long lines for iPhones in Istanbul, Amsterdam, Madrid and Geneva makes you feel that Apple's (AAPL) "bend gate" is just something dreamed up by reporters after nine people complained. I think it is an even smaller story than the antenna fracas or the "map gate" issue in previous iPhone versions.
Plus, the easiest trade in the world -- shorting Yahoo! (YHOO) -- was made difficult by Activist investor Starboard Value's letter that is calling for a wholesale change of direction for the company.
Both of these hot button issues from yesterday were made cold upon reflection and activism.
Read More: Airbus A320neo Takes Its First Flight, Will Fly for American in 2017