Tuesday, May 30, 2006
Real Money Blog
Fed, the Destroyer
05/30/2006 3:22 PM
In this article, Cramer describes the Fed to be in "disarray."
Cramer exclaims: "What does the Fed want to have happen? Does it want to kill all consumer spending on housing to make it so copper goes down in price? Are we going to crush the economy to bring down the cost of gasoline? Like that would really matter, anyway."
Bottom line: Stocks like MO and GIS are doing fine, while the rest of the market gets destroyed.
Reading Bad Signs in Rotation's Tracks
05/30/2006 3:12 PM
In this article, Cramer cites the lack of short covering, even after recent declines. Also, he believes stocks like HSYand GIS have more room to go higher.
He exclaims: "Be aware: These are all bad signs. There's simply not enough that is working, save speculation and bad food stocks, to make things happen."
05/30/2006 3:22 PM
In this article, Cramer describes the Fed to be in "disarray."
Cramer exclaims: "What does the Fed want to have happen? Does it want to kill all consumer spending on housing to make it so copper goes down in price? Are we going to crush the economy to bring down the cost of gasoline? Like that would really matter, anyway."
Bottom line: Stocks like MO and GIS are doing fine, while the rest of the market gets destroyed.
Reading Bad Signs in Rotation's Tracks
05/30/2006 3:12 PM
In this article, Cramer cites the lack of short covering, even after recent declines. Also, he believes stocks like HSYand GIS have more room to go higher.
He exclaims: "Be aware: These are all bad signs. There's simply not enough that is working, save speculation and bad food stocks, to make things happen."
