Morning. But those are pretty incredible images. Among our top business headlines were watching oil prices this morning. Crude down sharply after yesterdays gains of nearly 3 . We havent quite wiped out that gain but its still going to be driving the market today. Crude down about 2. 5 . Brent down close to 2 . Brent is slightly higher than crude but weve seen those levels reversing themselves. The move came after an unexpected rise in inventories reported by the American Petroleum institute. Well get the weekly report on inventories later this morning. As you know by now that can be market moving and city Energy Analyst telling cnbc that prices face further down side risk in the first half of 2016. That call based on expectations that opec will continue to try to pump the competition out of business. And thats what opec has been trying to do all along. The bidding war for pep boys appears to be over. Bridgestone saying it will not counter mondays offer from carl icahn. Offering to buy
A confident retirement. Those dreams have taken a beating lately. But no way were going to let them die. Ameriprise advisors can help keep your dreams alive like they helped millions of others. By listening. Planning. Working one on one. Thats what Ameriprise Financial does. And thats what they can do with you. Thats how ameriprise puts more within reach. Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business, and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer welcome to mad money. Welcome to cramerica. Some people want to make friends, im just trying to save you some money. My job is not just to entertain, but im coaching and im teaching, so call me at 1800743cnbc. Now now weve figured it out. Now we know why weve been climbing. Thats how you have to view this Labor Department hiring number that came out this morning. This is terrific. St
S p rose 0. 45 . Nasdaqed advanced 0. 38 . But weve been rallying for weeks on end, including five straight days. Taking out the alltime high. I think thats because the market anticipated this newfound job growth. You know i have been adamant that the economy started Getting Better the moment we had some certainty out of washington, and i dont regard the sequester as being major. It was taxes that i worried about. I measure things like housing, the auto sales. I measure shopping, lending. Plus the boom coming from all of our oil and gas. And these have been signaling these kinds of terrific quotes. Of course, the same people who want you to stay in your paycheck chains came out of their multimilliondollar mansions all week to tell you that you cant buy stocks here because the economy is humming to the point where the fed has to stop its bond buying program. Maybe stifle growth, and rates will shoot up when they try to sell all those bonds. These critics dont believe the fed chief ben b
Paycheck chains came out of their multimilliondollar mansions all week to tell you that you cant buy stocks here because the economy is humming to the point where the fed has to stop its bond buying program. Maybe stifle growth, and rates will shoot up when they try to sell all those bonds. These critics dont believe the fed chief ben bernanke knows what he is doing. And theyve wanted you to sell all of your stocks for the same reason over and over again for thousands of dow points. These are the same wealthy souls who bemoan anything good that happens, because theyve already made it and they dont care if you make it, too. Look, its entirely possible that bernanke actually does the right thing. Interest rates go up. But the economy still gains steam and earnings, theyre not crushed. Thats been whats happened before. Now, i know theres been billions of bonds bought. Okay . But look, its the earnings of the companies that are driving stocks higher. Not the fed. Those earnings are real. T
Coming up on mad money, cramer has a buyer spec that could be ready to run. Then west point innovations, the Companys Technology behind a switch for trains to run on natural gas. Plus the game plan for next week, all coming up at the top of the hour. Were not done yet. Time for the buck stops here. Final word. Andy, kick it off upon. Two events short the euro. Wednesday the Industrial Production for eurozone and friday italys Parliament Coming together for the first time. I like to be long dollars, long sweden. I like to be short yen and short swiss franc. Brian . Aussie, aussie, aussie. Aussie dollar yen, love it. Im keeping my short sterling trade. Not even james bond can save the uk economy. 1. 48 is the target. Shaken not stirred. Your next chance to afternoon. Well see you next friday, 5 30 eastern only on cnbc. Im jim cramer and welcome to my world. You need to get in the game theyre nuts i always like to say theres a bull market somewhere. Mad money. You cant afford to miss it.