President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
When it comes to investing, CNBC's Jim Cramer maintains one key guideline: when the market gives you a chance to buy a high-quality stock, you must take advantage of it.
"You literally have to take action right into the knee-jerk negativity to get the best buys, and that confuses a lot of people," the "Mad Money" host said.
To clarify the strategy, Cramer turned to the stock of Apple, one of his favorite long term investments. In September, Apple's shares fell from $164 to $150 on worries that the new iPhone would not live up to expectations.
But the stock has recently regained momentum, surging to $159 on Monday. In his search for a reason, Cramer kept hearing that nothing was ever really wrong with Apple, it had just run too much.
Some people also pointed the "Mad Money" host to a research note from Keybanc, which upgraded Apple's shares to overweight from sector weight on the expectation that the $999 iPhone X would boost the company's profits.
"Sure enough, when I got the upgrade, there wasn't anything in therethat we didn't already know: Apple's got good pricing power on its phones, excellent app store growth [and an] ever-expanding service revenue stream," Cramer said. "So why did Apple's stock roar higher then? My conclusion: it never should've been knocked down in the first place."
At the end of the day, Cramer sees Apple's stock as a glaring "dichotomy between the traders and the investors."
Those who trade Apple see it as a below-average technology stock, devoid of earth-shattering products meant to put its competitors to shame. Those who invest in Apple believe in the company's consumer products story, and compared to other consumer products companies' valuations, Apple's is downright inexpensive.
"Based on today's rebound, the investors were right to buy Apple into weakness — they got it for a song," Cramer said.
"This is a very common pattern in this stock market," the "Mad Money" host continued. "The quick money finds things it doesn't like about stocks [and] throws them away. Then the slower money, the investors, use those sell-offs, which seem irrational to them, to get in."
The stock market is constantly offering investors proof of this theory, Cramer said: in the overly punished bank stocks, in consumer product names like PepsiCo, in the drug and health insurance stocks after President Donald Trump's actions to dismantle Obamacare.
The only group Cramer was hesitant to recommend was retail, which was pummeled after Nordstrom postponed going private because it wasn't able to raise the necessary capital.
Amazon is too big of a threat to the retail space that many of the sector's declines could be lasting, the "Mad Money" host warned.
"Here's the bottom line: traders keep giving you gifts when they bolt, and with the exception of the Trojan horse that is retail, I think these gifts need to be taken," he said. "The opportunities [are] just too darned good to pass up."
Disclosure: Cramer's charitable trust owns shares of Apple, Keybanc and PepsiCo.