In an election year, there is a lot of talk about flip flops. If you want to see some real reversals, take a look at the markets. Energy, which is the leading sector over the past six months, is now the worst performing sector while Financials have moved from the cellar to the penthouse in the same period.
These three strategies could put the economy back on track.
Nearly 1.3 billion shares and $13.5 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
Pipeline company Williams is in the sweet spot as more and more of the commodity is being brought to market.
Banks are oversold and cheap by historical standards, and while a few that report decent numbers will definitely bounce, it is unlikely to eliminate worries over more capital raising. There's additional worries, as now many are concerned with deterioration in other parts of the banks' portfolios...
Don't listen to those stories about environmental roadblocks. The Keystone State is at the forefront of the push for natural gas.
Last week, Cramer warned you a day before oil and gas stocks suffered a severe beatdown -- nat gas dropped 11.6% from $23.57 to $12. But he still thinks this is the year for nat gas -- it's the clean alt fuel that will lessen dependence on coal and oil -- at least temporarily until more viable solutions become affordable. He still pins its target at $16.
Cramer makes the call on viewers' favorite stocks.
Historically on average, the U.S. Markets have been relatively flat the week after Independence Day, with not much left to cheer about. However, the Dow and Nasdaq Composite have been up ~60% of the time for the week following the 4th of July, while the S&P has been up ~70% of the time.
For the short Independence week ending Friday, July 3, 2008, the U.S. Markets ended the week in bear market territory with the Dow and the NASDAQ off more than 20% from their market peak set in October, 2007.
The more gas that drillers need brought to market, the more money Spectra makes.
Cramer makes the call on viewers' favorite stocks.