Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.Economyread more
Viacom chief executive officer Bob Bakish is not worried about competition in the streaming space, on the heels of its merger with CBS.The Faber Reportread more
Consumers could pay an average 15 to 20 cents more per gallon for unleaded gas by the end of the month following the attack on Saudi oil installations.Market Insiderread more
Bob Bakish, the head of a newly combined CBS and Viacom, said he was "disappointed" by both stocks' reaction to the recent deal.The Faber Reportread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
The White House directed Lewandowski not to discuss any of his post-election interactions with Trump beyond those already detailed in former special counsel Robert Mueller's...Politicsread more
Tension between the real estate start-up WeWork and SoftBank was not a central issue in the decision to delay an initial public offering, sources tell CNBC's David FaberThe Faber Reportread more
With violent moves and bloodshed everywhere, Jim Cramer thinks this market is like watching the movie "Scarface." So, for the moment he would rather talk about the wild swings of the market and what caused them instead of Greek bonds, and what's not behind them.
"I say we have to understand the violence, if not embrace it, to see if we can profit from both the damage and the extreme moves to the upside that might not yet be finished," said the "Mad Money" host.
There were just too many market casualties to count today. But the bloodiest of them all was Chipotle, when it dropped 7 percent in one day. Most investors wanted out of the stock before same-store sales plummeted any further and consider the stock too difficult to own.
Cramer thinks that judgment was wrong and that the quarter got a bad rap because of the decision not to take pork from a supplier who treated the pigs inhumanely. This shortsighted view of Chipotle's guidance does not take the company into long-term consideration.
"Stocks that are down this big in one day tend to go down big again the next. You buy on day three. That's been the right move every time for Chipotle. I think it will be so again," said the "Mad Money" host.
Scarface's next little friend was Gilead. This stock stinks so bad that it brought down the whole group when it decided to cut its price dramatically for its Hepatitis C drug. Even its competitor AbbVie is getting killed. Investors want out of companies with competition in an effort to make money.
Then there was the slaughter for oils. The price for black gold just ran too much too fast this week. A 19 percent gain is unsustainable in any commodity, let alone oil. The market was due for a decline.
Though the oil stocks could come down a bit more, Cramer considers them buys. He recommended Royal Dutch Shell, EOG, Halliburton and Schlumberger. The trick is to buy quality in violent situations like this.
The final victim of the day was Ralph Lauren, down $29 after it reported negative same-store sales. Cramer maintained that it's the big box retailers like Dollar General that do better in this environment, not Ralph Lauren.
Read more from Mad Money with Jim Cramer
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Cramer: Surprising earnings season winners
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"Just remember that stocks are like vampires—they can roar back to life, especially if they help themselves, as the winners have in so many cases since this market's bottom almost five years ago in 2009."