Tuesday, April 1, 2014

Cramer LAST week GOOD READ and read JayJ at the end

From TNT site

 Cramer: "we need a Chinese stimulus package by Monday "

Interesting exerpts from Cramer last Thursday & Friday

He repeatedly refers to a stimulus from China, Chinese stimulus package.

He also mentions info. on gold, oil, Exxon, Russia, the fed.


Cramer navigates a 'confusing' market 

Thu 27 Mar 14 | 06:00 PM ET

Exerpts from the transcript 

this market, this market is so confusing with so many conflicting cross currents that it's creating a real sense of foreboding.. an unknown, unknown. s&p dropped .19%. is making sense. i'm not too proud. interest rates are plummeting. we were supposed to be worried about interest rates getting higher. how can business be improving jobless claims be getting better, and the fenagling good things. or worse. perhaps it's something we should fear. maybe that's the point. maybe the boogie man we don't know. tonight i'm definitely looking in the closet when i get home. this market needs a lovey blanket and a night light.
....

let's tick down what we know. first the mineral and mining stocks are doing incredibly well. i look at those stocks that have been in prolonged down trends. i'm talking the iron company and i say, okay, they're balancing but why? still one more rumor perhaps of a big chinese stimulus. isn't it time we gave that theory a rest already?

there's nothing that explains it at all. especially when you see interest rates going down. rates are supposed to be skyrocketinghe wn they rally. they're supposed to be the kiss of death for the group. caterpillar continues to rally as we don't know anything about what it's really doing. cramer fav is having it's best day in ages. up 6%. i see only the briefest about the way a london metals exchange could impact it positively. 6% for heaven's sake? and boy, many analysts, they hate it.

what's driving oils up here? is there an embargo somewhere? does that mean something is lurking that we don't know? the oil stocks are supposed to go down when the dollars strong? instead they're on all cylinders lead by exxon. didn't the best ones deserve another up day given those aggressive plans to return capital they announced last night? i hear they aren't going up because the yield curve no longer favors their net interest margin.

. . . plus there's plenty of stuff that should be getting hammered but is going in the opposite direction. take general electric. they have a $1 billion business in russia. what is to take the russians from expropriating it. the huge move shows the market is not the least bit worried about russia even though they have two important facilities in that country. right for the putin picking i'd say.how about lululemon doing a sub par number and going dramatically higher. i didn't like the earnings report at all, did you? maybe it's the beginning of a new run or if you cut numbers low enough and make them the investors fall in love all over again. same thing with restoration hardware.

now normally i can say tough market hard to figure out but when there's this many cross currents i tend to think that there's something that's about to happen that i don't know about. something is lurking. . .

but how come gold, which usually senses ahead of time that you're concerned is going down, not up? perhaps what's happening is we're bottoming and everything is about to go higher as is fitting for the end of the month and the end of the quarter rally with the marking up we're talking about. perhaps there's funds popping up the winners and selling this year's losers to fund that prop up. just maybe the incredible rotation is taking that course. they're finally having their day in the sun. 

the bottom line, this is one confusing day people. a donald rumsfeld unknown, unknown market and investors are not supposed to like uncertainty. they don't like being in the dark. maybe this market resolves itself tomorrow and tells us what's on tap for the rest of the quarter or maybe this is just one of the most confounding markets i've ever seen which will make anxious investors sell. that's if we can get one. we just don't know. where's rumy when you need him?


today was confusing for all of us. too many cross currents to wrap our heads around. the market does not like uncertainty but you stick with cramer and we'll puzzle through it every day. but yes, i had to own that i was confounded. i can't pretend when i don't know what's happening. mad money will be right back.

URL:http://video.cnbc.com/gallery/?video=3000261819

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Strong jobs report could rally financials: Cramer

Fri 28 Mar 14 | 06:00 PM ET

Exerpts of the transcript 

like so many days this week the market started off strong. it was right out of the gate positive. but it didn't take long for the old pattern to emerge as the biotechs and the technology cloud plays rolled over again and at one point seemed to be on the verge of taking the entire market down. aided by some worrisome talk about russia from president obama. but as we neared the bell, the market regained some trent. the s&p climbed, and although the biotech and cloud laden nasdaq could only muster a 0.11 gain.

what's our game plan for next week? let's start with the book ends. the bill industrial stocks rocked all this week. they kept powering higher and it was really no news at all. i kept hearing the same rumor of the same explanation. when we come in on monday morning we'll hear about something big from china. perhaps to reverse the chinese water torture of weaker than expected news over and over again. now, if that's true, it won't come a moment too soon.

given that we're going to get a manufacturing gauge from china that will fail to meet expectations. now, i want to be careful. be careful here, because if there's no stimulus than the strongest section of the industrials will give up some of the terrific gains. you have to be cognizant of that.

if we get the stimulus, there will be another rally in the minerals, mining, machinery and oil stocks. so much is riding on a surprise stimulus plan that we should expect weakness from the get go if we don't get one.

now, let's flip to friday. that's when we get the labor department's nonfarm payroll figure and here again is something that's incredibly important for the market as a whole. but particularly for the financials. you see unlike the industrials, the banks financials are under pressure. because interest rates have bizarrely been going down. i said bizarrely because didn't the fed tell us that the economy is stronger than expected?

 now, a robust employment number which i'm expecting can reverse that decline in interest rates. if we get it, i think you're going to see the financials roar as they need higher rates to beat the estimates when they report next month. may i therefore suggest on a strong employment report you buy the bank stocks that the fed blasts earlier this week to return capital even in a form of big buy backs or dividend boosts. i'll normally tell you should reach for wells fargo. that got a great, great buy back, and dividend boost. but you know what? that was the only one that wasn't down after the number. so kind of missed that one.

 instead, i think bank of america is the buy here. why? because not only did it get the nod to buy back stock but cleared up the biggest legal overhang. the government sued against them for issuing so many loans. it had burgeoning legal expenses this settlement is a huge deal. and i think this stock can break out to multiyear highs when it reports next month. you need to be in ahead of that. so if friday's job number is higher than expected i'd grab some bank of america at the opening. between monday's china report and friday's employment report is something so worrisome that i'd be remiss if i told you i'm not unnerved byit.

. . . now, we have a slew of data tuesday that could also move the market. u.s. manufacturing purchase and manager's report, construction spending and car sales. if the federal reserve is right that the economy is improving and the bond market is wrong because rates are lower, then we need to see all three of these indicators coming better than expected.

here's the bottom line. we need a chinese stimulus package announcement on monday to sustain this week's industrial rally and we need a strong employment number friday to get the banks moving in the right direction. 

what do we need next week? well, with need a -- we need a stimulus package from china. that would be a great start. then a nice strong jobs report on friday, then we've got the largest part of the s&p the financials moving. but we have this flood of ipo's coming. the golden goose could be killed by too much supply. mad money will be right back.

URL:http://video.cnbc.com/gallery/?video=3000262098

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JayJ:  This is very interesting!!  Is Cramer trying to tell us what we already know?  I think his "China Stimulus" mention is code for what we know originated with the Chinese Elders supply of the Gold for the RV.  I think this is all about how do we tell the public without telling the public. 

Folks, let's sit back and see if this was Cramer's way of letting the cat out of the bag for all of us.  Jay

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