Cramer: Market's Going Higher

" I'm Jim Cramer and welcome to. Five world."

" Okay."

" Yeah birds in this."

" My job entertain educate call 107 were three seems. Well why did so many people sell their stock and but what was the reason. Why we're down so hideously think think -- what. I remember of you remember. Whatever the rationale was it it -- matter today with the Gallup a 104 points and the S&P 500 it's not percent behalf. And isn't that the real issue with this stock market. Is saying and react. The markets complete inability to Nicole why had a -- that or why it may have a -- up as I am sure will be decay moral. Has become all hallmark. Of the last month of trading. Act in the markets drug problem is so much worse than just in Egypt. If anyone had any inclination to look back in trying to puzzle out what's been driving stocks. They receive it we often go Darryl on the same information we call up Warren. Yesterday I heard we sold off hard because oil's rally big could be inflation. Today her -- hard because well oil shot up date. Shows real growth in the world's economy. Frankly if you're like me if I'm all -- shorthand for explaining the market maddening. You search for something. Is fit into incoherent. Not men tell market. Which is easy to understand is that movie was when I played backward for the fourth time. What you need you need tots loads yeah you something that important way and let you know what's really going on. -- Pointing you in the right direction what tell you the real market from the thorny one. You need to know what they're visible stocks in this market are doing the Morel likely what this three sectors are doing."

" Summary sectors so you want market --"

" This -- Dated that we labor market leader -- and the need what Barney theme of -- acting -- amid."

" All this -- it still emitted and of course the original."

" Beyond me. And wits and every sectors make up the direction of this three and one amid. It's in the same since the market bottom in March this same -- one form got the oil stocks. Did tech stocks and no financial stocks."

" And lawyers he's the real point dirt cheap Larry -- and we have -- no way -- act."

" You will be able to tell the real direction which I think it's higher on the phony direct which shall like yesterday's market. Basically this -- and want to admit."

" And her complex. Here's why."

" We want to see a recovery in the world's economy now are there are tons of ways to measure. How close we -- are -- something like a cover. Some -- gold. I think that's too convoluted and why you know I like the price is not I think higher gold prices are indicative of worried."

" Much else if you want worried about side than they knew on my -- and -- cheese and nurse ratchet in her eventually world."

" Some including almost all the people -- Gerald -- acting. I think about bond -- think they know I find these people pull us as the bonds are single worst tells of the market. Because they are signaling that the stated well the Fed got it wrong and dogma got -- I'm not just saying this because I am now. The biggest fan and stop a bullet band and Tim. As I actually called chairman Bernanke and Treasury Secretary Geithner what you know I am not a kiss up because I used to put -- space -- a block of its. And I compared him to -- Keebler elf during the dark days when Americans and used. About the chaos around and -- There where there was not. These guys were looking at Jackson Pollock and they thought they are dark star or at least are being engulfed. Now getting back to how we measure -- global economic recovery."

" And thus determine where the markets headed -- you bond market -- because you hear about a cellular phone or at."

" But last night while they are hugging levels historically well that editing they hide its direction the economy. Unlike that's where you amid all they're known affectionately as well it when I was assailed a burglar with. Well well well."

" What I."

" I think it's part of our goal is -- to ninety days shopping around Syracuse and Rochester Saratoga -- And -- standards did not I used to cool and to find out what the heck was stolen on. I would tell my tell stocks the once -- real direction of the action that was before cellphones are as mr. -- vote -- Back then it could have been mercker Coker IBM or -- order really -- my off general more worse now."

" Not just want to know -- Apple Research in Motion and cool bar and -- what is charging ever hired daily breaking out of their ranges. -- I would ask about slugger jay yeah Transocean and Anadarko they already -- mark."

" not integrated like Exxon are occidental because doesn't born out of step with the price group seemed to be trading their own defined yes Kirby sports world. These real largest oil service company the big deep water drill and be. Excellent natural gas company which are recommended just last week about what went to go thank you -- for Patrick from real money part of -- dot com chairman. Watching right great. They -- Donald dale. Finally. The last of the 3M winds."

" The financial. And here's -- three I care about our JPMorgan. Bank of America and Goldman Sachs. America's so busiest -- stock I just wanted -- and change frankly. At this what is going higher but I know what's going to be a good. I take you more. Example of how stupid and who was this market is from -- did. Yesterday JPMorgan put on a shot in improvisational. Jamie got to stop. The business so much better than anyone could back right now all that's not the message got word you hope although we know. The bears color the media."

" Color me mine so you get to hear any."

" About credit card defaults instead perhaps the least important swing factor in the panoply that is JPMorgan. I think this one's about to break tax but it got to where offered a ton of stock four point here diamonds are stocks' best friend. Finally there's goal -- acts which is the pure financial plight. Woman out defaults which doesn't just help posited this moment really it as Goldman's more than double -- its bottom continues to church higher and higher. I'm glad I held -- to both JPMorgan and Goldman Sachs in my act alerts plus dot com -- portfolio. Through thick and stand -- not done."

" If you had to pin me down and it is don't pin down but he hadn't been."

" Op instead Jim what are the three stocks within that three and one amid combination that really increased the market I would say get me to do as. Goldman Apple and somber day. As long as -- goes higher. Going higher regardless of any other indicators house -- durable goods keep buying you'll CPI and PPI all of Inter's unemployment claims. And unlike natural day eastern either silent nor deadly noisy and full."

" But life as always you've got."

" I will rethink my bullish news and I will not her --"

" It. Right now well this three and one -- stands. And I stand with the market's direction which is hot air."

" I'll get one -- go to."

" and Aaron -- Illini Aaron and doom we off."

" The wind east south. Yes yeah --"

" Oh man let me -- universe it's not point out what's -- and open -- invites me after a bloom off what's --"

" They releases. I don't know accompanying you record. So we'll see you -- the -- the sink. And -- I didn't hear me all right good. I would I would want to -- it -- with."

" The technology to implement his Orlando staple monetization they are Campbell -- about a way of being totally ignored and discounted at this point. Well they got their -- the newspaper anyway. Big to -- this smart card and understand their defense contractor as well apparently -- this -- watching cruel. Is that happened lately hasn't done know enough popular my in that monetization that -- I'm wondering what is probably the apostle corporate game that -- home. What can you -- lead box so."

" I will tell you that -- act we captures this moment in the military budget in one Obama wants to do. This is like an incredibly smart. Military plant. I see these -- Darden from turnstiles that avionics."

" All I can tell I can tell you Aaron. Bet you -- we at a 52 week Saturday is emblematic. A what I see going Ford that also American technology. Replacing. All the political."

" It's replace humans everywhere because I don't like whenever she was doing they can do better I like the stock. -- recommend any of the 52 week high but although I thought I got you got a winner how about signing -- this is an oxymoron have a sunny California so I hate."

" Eight -- UG LA lakers in a wooded Okobi. Born actor -- yeah yeah. Asked aunt dot Kobe at this point what's up at him and didn't take it out I have a question regarding Linn Energy ally in the -- Michael went on just last. Gentleman beside."

" The stock around sixteen dollar -- incredibly high yielding hedge commodity positions outnumbered on the nice move obviously tired the stock price goes the lower the yield although you wouldn't."

" Really right now coming down the levels in line with other energy -- yeah I went. Yeah -- wonder at what price point should pull the trigger and saw all the dot -- capital appreciation versus waiting for lower and lower yield."

" What attracted to aren't aren't. Do you have their way I saw all that yield he ever a couple of years grace figures don't get about 13%."

" I don't want to talk to dole gets about 89% without what I want and AMP. RE PA which is enterprise or."

" Up what ten -- more what's so funny my advice that was let them know what's about it. Ron shot let's go starting right John and -- at Rogers dot we are and we got chief art and."

" But going the market overview -- eight days the communication on product. Thank you. I'm Laporte GM the government data that they -- and -- order to do not get anything in the new plan. System that Koppel at the highest what behind that move."

" Well why why. Why does not go to -- people sucker born every minute. I mean why things that happens in this market and why I think it's so reprehensible though there's a different degrees appropriate ability. What are these so reprehensible is that nobody knows anything about this things up people's outlook at the bottlers agree to something well obviously it's -- for the stock that's intolerable for the stock. But because our government allows this kind of thing and then her stock exchange doesn't want to lose that banks doesn't want to want to make money to brokers bought it this travesty continues. And all I can say is. Shame on those who continue to lead this version of GM continue aren't."

" I liked to break pension of three seconds or I'll check in financials."

" the water only really want to made the car as we call the clubhouse."

" Ed McMahon might be right back and I'm not knocking film."