In Thursday’s Web Extra, the traders reveal how they’re playing commodity stocks with Nucor and other steel producers leading materials stocks higher.
Risk aversion is definitely back today. You can see it in the dollar/yen, where the yen has really strengthened today. The AIG news (down 8 percent) told us that a lot of the bad news is still not priced in. Big momentum stocks like Visa, Mastercard, Nucor, US Steel, Anadarko, Apache, Bidu, Apple, and Google all saw profit-taking today. But here's the big problem: oil closing up five straight days, closing at a new high.
Another record for crude oil dragged down the Dow Monday despite word that the service sector of the economy was no longer contracting in April. Here's the "Word on the Street."
First came copper, then oil, wheat, fertilizer and coal. Now the surging global economy is clamoring for yet another commodity: rusting cars, refrigerators and washing machines.
Nucor's CEO says these are the "best of times" for his cohort. Find out what Cramer thinks.
Better-than-expected results from major banks and IBM send the market higher. Can the euphoria continue with Google on Wednesday? Also, the oil trade with Dennis Gartman and more.
Cramer defends his Omniture trade. Plus, what it takes to stay in the investing game.
The country’s oil wealth is flowing into other sectors. Here's how you play it.
Even a recession can't keep these companies down. Find out why.
If the Dow jumped 400 points last week and then Bear Stearns went belly up, why is today's jump any different? Let Cramer explain.
At least for the next week or two thanks to new confidence in the financials. Here is what's worth buying.
Our traders are good - but you knew that! Check out their latest picks that paid.
A 200+ point decline turns into a net gain on the Big Board as Standard & Poor's gives the market some confidence that the end is near. Also, oil and gold hit records and more in the Word on the Street.
Exxon Mobil intends to increase capital spending by 25% to a record $25 billion this year. Who wins as the oil giant gushes money?
Cramer makes the call on viewers' favorite stocks.
Here's what Cramer thinks the government should be doing with the economic stimulus money. Also, his call on the steel stocks.
Following are the week's biggest winners and losers. Find out why shares of Nucor and Chalco popped while Suntech Power and Best Buy dropped.
Trading the commodities bull run, post-Castro Cuba, Hewlett-Packard earnings and big-time after-hours action in Crocs.
What's up with commodities? They're roaring again today, with strength in grains, energy, metals. There are some broad issues: it's an inflation hedge, many commodities price in dollars. Also, remember that most of these markets are a tiny fraction of the stock and bond markets, so it's easier to move them around.
Stocks rose for their third consecutive gain to complete their longest winning streak of the year so far on strength in oil, tech and other familiar trends. Also, breaking biotech news on Genentech and Biogen in the Word on the Street.