Mad Money with Jim Cramer - MAD CAP RECAP - The Official Mad Money Blog
RSS FEED
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
- Time to Buy Treasurys?
- Lightning Round: Las Vegas Sands, ADC Telecom, Satyam Computer and More
- Lightning Round OT: Knight Capital, Ebix and More
- Is Lear, Back From Bankruptcy, a Buy?
- Sanofi-Aventis Falling Off a Patent Cliff?
- Cramer: Your Thanksgiving Week Game Plan
- Cramer: Next Week Should Define Rest of ‘09
- Mad Money: Mad Mail: Buy RIM or Apple?
- Lightning Round: Cisco Systems, Citigroup, Baidu.com and More
- Lightning Round OT: Martek Biosciences, Valmont Industries and More
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 
Web Editor, Mad Money
 |
Apple is an “event-driven stock,” Cramer said during Tuesday’s Stop Trading!, and with the earnings report now past there are now events past. As a result, AAPL, down about $5 to $197 today, “seems to be just dead.”
“This thing needs a boost over that $200” level, Cramer said.
The Nasdaq as a whole is retreating as well, which isn’t a surprise given that Apple [AAPL
Loading...
()
] and Google [GOOG
Loading...
()
], which also has declined, were the index’s leaders. Cramer said many investors are switching into recession plays like Kellogg [K
Loading...
()
], possibly in response to this morning’s less-than-stellar consumer confidence report.
 |
In order for Apple to move past $200, an analyst has to announce that he’s raising the company’s earnings estimates. But that won’t happen, Cramer said, because “everyone already has.”
Lastly, Cramer called PNC Financial [PNC
Loading...
()
] “the new bank king.”
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes