Slumber and regained their gusto as part of a broader move higher. S p up 1. 6 , nasdaq 1. 9 . Lets start with apple. After reporting a terrific quarter back in october where the company delivered on every single metric, apple stock had started percolating like the old days rallying from the low teens to 122. But when it got there, Credit Suisse came out with a brutal forecast of reduction based on weak supplychain orders discovered by, and i quote, our teams in asia. At the time i said here we go again, yet another Research Firm has used its team in asia to discern weakness in apples Product Sales by measuring components. Something thats been done dozens of times since the 2009 when the stock was at 11. How many times has this channel check asian team kept people out of making big bucks with apple . For every new product, every cell phone chain, ive heard about supply chain weakness from asian teams, brokerage firms. This note was particularly destructive because it came from a bull w
S p up 1. 6 , nasdaq 1. 9 . Lets start with apple. After reporting a terrific quarter back in october where the company delivered on every single metric, apple stock had started percolating like the old days rallying from the low teens to 122. But when it got there, Credit Suisse came out with a brutal forecast of reduction based on weak supplychain orders discovered by, and i quote, our teams in asia. At the time i said here we go again, yet another Research Firm has used its team in asia to discern weakness in apples Product Sales by measuring something thats been done dozens of times since the stocks historic run from the generational lows of march of 2009 when the stock was at 11. How many times has this channel check asian team kept people out of making big bucks with apple . For every new product, every cell phone chain, ive heard about supply chain weakness from asian teams, brokerage firms. This note was particularly destructive because it came from a bull with an aptly titled
From california. Tim who turned out to be tim from cupertino, also known as tim cook. From apple. Were not done. Tonight, we have mark beniot and taught me the importance of social, mobile the cloud and now connectivity. Lets not get ahead of ourselves. This market just doesnt act the way i want it to. It was down really big at one point. I dont like the way its intraday acting either. This whole week big moves up and down then up then down. And boy, we were down today at one point a couple hundred. And we tumbled 146 points at the end. S p sank. 61 . Was down a full percent at one point. And nasdaq fell. 44 . And thats just not what a strong market does. It doesnt gyrate like that. Whats ailing us . Well, heres the good news. Its nothing here in the United States or at least nothing we can feel. Which is what makes things so darn difficult. Its the strong dollar that you wouldnt even know about unless you went over to paris or something thats shaking everything up again. The big hedge
Who would have thought an immigrant like myself . I did it. Im living proof. This is mad money. Hey, im cramer welcome to mad money. Even though i say every night that other people want to make friends, many are here with me today. My job, not just to entertain you, but to educate you. Call me at 1800743cnbc or tweet me nicely at jim cramer. Ten years of mad money. Ten years of cramerica. Ten years of are you ready, skeedaddy . Ten years of booyah. Where did the time go . Wasnt it just the other day that i came barreling out here sleeves rolled up hey im cramer. Calling our interactive class into session. Tonights a huge night for us. Two of my favorite companies. Tenth anniversary to explain what went on today. Dow surged. S p vaulted. Nasdaq climbed. 89 . How to profit from it. We have been gripped by a sudden shocking rally in the dollar. Strong greenback, slowing the economy almost overnight. Wreaking havoc over seas particularly in a place we shouldnt care about, maybe latin ameri
Mediocre, find a cheap index fund, mirrors the s p 500. Then i look at days like today where the dow climbed 400 and the nasdaq jumped. 63 . Im thinking wait a second, why should you have to settle for average when theres so many ways to win with a host of good stocks that can make you serious money on a daily basis that i am promising you you can find yourself. Lets just take a snapshot. A slice of today. Now, you might have been watching janet yellen give a good account of why we should stay the course. Me, my mind wanders. Always wandered to the tapes since 1979. Im looking at whats going higher, what are the commonalities, can they be acted upon . Here at a random noon hour from earlier today are the biggest winners. Remember, this is a senanapshot. Im thinking theyre all accessible. A big one is mylan. They can make cheaper drugs when the patents expire. And teva, remember them . They need to grow by doing an acquisition in the space. From the tone of Conference Call after mylans