FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- How Big Money Rules the Markets
- Follow the Leader
- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
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 
 |
Bad news from the Federal Reserve and worse-than-expected jobless claims have made for a bad day in the market, Cramer said during Stop Trading!. The Dow was down about 140 points just before the closing bell.
The Federal Reserve on Thursday cut its outlook for the economy and predicted greater unemployment. Initial jobless claims for last week fell to 631,000, but that was still higher than the 630,000 expected. And continuing jobless claims reached record levels. Stocks fell as a result, Cramer said, as “people are very worried suddenly about a macro US call.”
“I don’t think the profit taking’s over,” he said.
With Erin Burnett live in Nigeria as part of her “Dollars & Danger” special, Cramer highlighted a few related trades.
Sappi [SPP
Loading...
()
], a South African glossy papermaker, pays out a 5% dividend yield. While there is some concern about Sappi’s exposure to the
struggling magazine industry, Cramer said, this stock is still a way to play Africa “to some degree.”
Cramer also endorsed the First Bank of Nigeria, though the only way he could find to play it was through the Market Vectors Africa [AFK
Loading...
()
] exchange-traded fund. He did caution investors about these ETFs, though, because they are overweighted with South African companies.
Investors who want an African mining play should consider Randgold Resources[GOLD
Loading...
()
], Cramer said, even more so than AngloGold Ashanti[AU
Loading...
()
], another mining favorite. Freeport-McMoRan [FCX
Loading...
()
], with its copper operations, is a bit more diversified than these other two, but the stock has already had too big of a run.
“I can’t tell people to come into it here,” Cramer said.
Cramer's charitable trust owns Freeport-McMoRan.
Call Cramer: 1-800-743-CBNC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes