The "Mad Money" host also offers up his picks for an ultimate decline in oil.
Despite storms and rising gasoline prices, many retailers reportedly monthly sales managed to top analysts' estimates, but some warned of a weaker March due the timing of the Easter holiday.
Retailers mark up to avoid a mark down, stocks tango with oil, the ramp-up to Jobs Friday, the man behind the world's biggest hedge fund and the rebel with the motorcycle. Here's some of what we’re watching—and which, therefore, you should as well.
Stocks lost ground in the final minutes of trading but still showed resilience after Tuesday's sharp sell-off to end with modest gains, even as oil prices climbed above $100 a barrel. Caterpillar and 3M gained, while JPMorgan fell.
Stocks lost ground just before the close but largely showed resilience after Tuesday's sharp sell-off and held modest gains ahead of the close, even as oil prices climbed above $100 a barrel. 3M and Caterpillar rose, while JPMorgan fell.
Today's action suggests stocks may still be able to advance with oil at $100, but it's dicey above that. Mid-morning stocks weakened as oil moved to $102, but stocks gradually recovered even as oil has held in near $102. At 2pm ET major indices were flat, more up stocks than down stocks.
Stocks turned negative as oil prices climbed back above $100 a barrel on news of Libyan air strikes, and as Federal Reserve Chairman Ben Bernanke spoke before Congress for a second day. Boeing and McDonald's fell, while 3M rose.
Investors can benefit from playing these contrarian plays, also known as "out on a limb" stocks, said Jeff Utz, managing director and U.S. equity products manager at Credit Suisse.
U.S. stock index futures slipped slightly lower despite a stronger-than-expected report on private sector jobs as tensions in the Middle East and rising oil prices continued to weigh on stocks ahead of more Congressional testimony from Federal Reserve Chairman Ben Bernanke.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Even without rebellion in Libya and protests across the Middle East next week, the markets will consider Congressional testimony from Fed Chairman Ben Bernanke, and a long list of economic reports, including the February employment report on Friday.
This is a day-by-day look into what Cramer plans to monitor in the days ahead.
Consumers are facing higher prices at every turn—interest rates, food, apparel, and now gasoline, all are on the rise. However, as crude oil prices crossed the psychologically important $100-a-barrel mark, there are a number of analysts who are not concerned about the impact energy prices will have on consumers and the economy—at least not yet.
At Boudin Bakery in San Francisco, flour, the main ingredient used in the 25,000 loaves of bread baked daily is naturally key to its success. But now Boudin, this coastal city's oldest business, which opened during the Gold Rush in 1849, is battling a wheat rush. And that rush is pushing Boudin's flour costs to the highest level in years.
Stocks ended slightly higher after trading lower most of the session as Federal Reserve Chairman Ben Bernanke indicated the central bank would continue to stimulate the economy, even amid signs of growing strength in the U.S. economy, evident in news out early in the session. Cisco and BofA rose, while Merck fell.
Stocks turned higher after Federal Reserve Chairman Ben Bernanke indicated the central bank would continue to stimulate the economy, even amid signs of growing strength in the U.S. economy. Cicsco and Bank of America rose, while Merck fell.
Stocks fell Thursday as investors weighed strong signs of an economy on the mend against increasing worries over Egypt and signs pointing to an end to the recent rally. Merck and Alcoa fell, while Bank of America gained.
Fears that winter weather would result in disappointing retail sales may have been overblown, as several retailers have not only reported better-than-expected monthly sales reports, they are also raising fourth-quarter earnings estimates.
January retail sales surprise mostly to the upside, with little whining about the weather. They did it again: despite a lack of clearance inventory, tough comps, and snowstorms, most retailers posted gains in January.
Chances are you'll be watching the big game on a smaller-sized, lower-priced LCD set, even if the picture quality isn't as good as its rival. In the cutthroat, deflationary world of consumer electronics, the debate over which flat-panel TV technology is superior has taken a backseat to price.