RECENT POSTS
- Don’t Trust Buybacks
- Buying the Right Sell-Off Stocks
- Buy Broken Stocks, Not Broken Companies
- The Biggest Market Myth There Is?
- The Key to a Successful Turnaround
- Lightning Round: Corning, Visa, NYSE Euronext and More
- Cramer’s 3 Stocks to Avoid
- Cramer: Play Defense with B&G Foods
- Cramer: Chico’s Proves Ailing Retailers Can Make a Comeback
- Cramer's Advice for the SEC
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
Stop Trading!: Do Stocks Signal a Rate Cut?
 |
The market is so “completely exhausted” after this past week, Cramer said during Friday’s Stop Trading!, that it’s “falling on its own weight.”
The Dow was down about 20 points with just a half-hour left in trading, and many on Wall Street seem to have already shifted their attention to problems other than the House’s passing a $700 billion bailout bill, such as falling employment numbers.
Cramer’s been watching Coca-Cola [KO
Loading...
()
], McDonald’s [MCD
Loading...
()
] and Schering-Plough [SGP
Loading...
()
], stocks that increase in value when the market assumes no Federal Reserve rate cut is coming. But all three are down Friday. Someone somewhere might be expecting a cut then, Cramer said, if not here in the U.S., then overseas.
The SEC won't let the shorts target financials stocks, so Cramer said the next victims could be the retailers. Rumoring down companies like Macy’s [M
Loading...
()
] and J.C. Penney [JCP
Loading...
()
] wouldn’t be too hard as the holidays approach and credit is tight.
Lastly, Cramer was surprised by Eli Lilly’s [LLY
Loading...
()
] move for ImClone [IMCL
Loading...
()
].
“These big pharma companies are so desperate that you have to believe that every biotech stock could be a target here,” Cramer said, “because ImClone’s one of the worst and Lilly’s after it.”
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes
