Are you crazy for earnings?
Jim Cramer says that this market is.
Well, it's simple.
"The market's crazy for earnings all of a sudden. They're not so clear that they want revenue growth. And that's why you see an Illinois Tool Works (ITW ) - Get Illinois Tool Works Inc. (ITW) Reportand you see an Eaton ETN downgrade, and it still goes higher. It's why you see PPG (PPG) - Get PPG Industries, Inc. Report--on last night--started starting to really act well. And Honeywell (HON) - Get Honeywell International Inc. (HON) Report, United Technologies undefinedversus a Workday and Salesforce...This is a rotation. It'll last a little bit because people are tired of paying for revenue and they want earnings," explained Cramer.
Watch the full video for more.