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Jim Cramer: 'It's Not a Sin to Take Bitcoin Profits'

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Dow and S&P are hitting records in intraday trading on Friday, April 16. 

The Dow closed at a record high of 34,035 on Thursday and the S&P 500 reached an all-time high after U.S. retail sales and jobless claims and solid earnings reports pointed to a recovering domestic economy.

And investors heard from Morgan Stanley Friday morning when the bank posted earnings that beat expectations.

TheStreet's Martin Baccardax wrote that earnings came in at $2.19 per share, up 116% from the same period last year and firmly ahead of the Street consensus forecast of $1.70 per share. Group revenues, Morgan Stanley said, rose 65% to $15.7 billion, again topping analysts' forecasts of a $14.1 billion tally. 

Bitcoin was a big topic on TheStreet Live: Everything Jim Cramer Is Watching Friday... Watch the clip above to hear what he says about taking Bitcoin profits and click below to see the whole show.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here

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